NRB announces to issue digital currency in Nepal

digital currency in Nepal

Nepal Rastra Bank is preparing to introduce its own digital currency in nepal , which the NRB is moving forward to present virtually in place of the existing physical currency.

During a program held in the capital to commemorate the NRB’s 67th anniversary, Deputy Governor Bam Bahadur Mishra informed that a digital currency is about to be introduced.

Cryptocurrencies and digital currencies have been a hot topic in the world recently. The NRB, which has outlawed cryptocurrencies, is preparing to introduce its own digital currency.

To this end, a group including representatives of central banks from SAARC countries is preparing a concept paper.

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