Cryptocurrency and Digital Currency: What’s the difference?

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The Finance Minister of India announced the release of digital currency in the 2022 Union budget. The RBI will start rolling out digital money from the year 2023.

While many people are confusing cryptocurrency with the digital rupee, the digital rupee is the virtual form of money (or actual cash). On the other hand, cryptocurrencies are not regulated by the government or a central bank.

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