July 24, 2024
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Blockchain News

Nepal Rastra Bank Eyes CBDC Development Amid Ongoing Crypto Ban

In a paradigm-shifting move, Nepal Rastra Bank (NRB), the central banking authority of the Himalayan nation, announced plans in August 2022 to develop a Central Bank Digital Currency (CBDC). Moreover, the NRB has initiated the process of legislative amendments to the Nepal Rastra Bank Act, aiming to include provisions for digital currency issuance. Since September

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