Central Bank digital currencies, UPSC PRELIMS 2023

With reference to Central Bank digital currencies, consider the following statements:

1. It is possible to make payments in a digital currency without using US dollar or SWIFT system.
2. A digital currency can be distributed with a condition programmed into it such as a time- frame for spending it.

        Which of the statements given above is/are correct?

        (a) 1 only

        (b) 2 only

        (c) Both 1 and 2

        (d) Neither 1 nor 2

ANS C