Enhancing CBDC Adoption: Trust, Technology, and Policy
Enhancing CBDC Adoption: Trust, Technology, and Policy
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Explore the transition from cash to India's Central Bank Digital Currency (CBDC) landscape, driven by mobile technology and fintech developments. This study examines the factors influencing CBDC adoption. Banks play a crucial role in ensuring financial stability as digital transactions enhance speed and transparency, while CBDC addresses the high costs of cash. Understand the distinct legal and government-backed nature of CBDCs compared to cryptocurrencies. Investigate challenges such as low...