RBI Grade BNABARD ESISEBI
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Digital currency, also known as electronic money, is a type of money that is stored, managed, and exchanged primarily through digital systems, like the internet.
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Type of Digital Currency
- Cryptocurrencies: These are digital currencies that operate on decentralized blockchain networks and use cryptography to secure transactions. Bitcoin was the first cryptocurrency, released in 2009.
- Central bank digital currency (CBDC): India launched its CBDC in November 2022.
