Digital currency was pilot launched in India on November 1st, 2022. Initially, the currency, also known as Central Bank Digital Currency (CBDC) was launched only for wholesale transactions - to be used for buying stocks or government bonds. On the launch day Rs. 275 crores digital currency transaction was done. The finance ministry is planning to launch digital … [Read more...] about What Is Digital Currency | Doubts & FAQs Explained | How Is It Different From UPI & Cryptocurrency?