What Is Nepal’s CBDC NRB’s Digital Rupee Explained
Nepal Rastra Bank plans to pilot a Digital Rupee (CBDC) by 2026—here’s what it is, why NRB wants it, and how it could change how Nepalis pay.
Nepal Rastra Bank (NRB) is building a Central Bank Digital Currency (CBDC)—often called the Digital Rupee—with a target pilot/rollout by 2026, as outlined in its Strategic Plan 2022–2026 and subsequent CBDC concept paper. In this video, we explain what a CBDC is, how it differs from crypto, and why NRB believes it could lower payment costs, boost inclusion, and modernize Nepal’s financial system.
You’ll also see how other countries (India, China, Bahamas, EU) are piloting or launching CBDCs, and why 93% of central banks are exploring them—plus the privacy, surveillance, and banking disruption risks experts warn about.
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