CBDC is the most talked about concept these days. The evolution of crypto made central banks in various countries explore the option of CBDC. It refers to Central Bank Digital Currency which will enable central banks to promote a formal economy, effective financial inclusion, curbing illegal activities like money laundering, etc. The launch of CBDC also raises questions on changing monetary policy implementations, probable threats to financial stability, and many more. CBDC is a fully electronic digital asset carrying features of legal tender providing the option to use digital means for transactions. It is also essential for central banks to attract and make citizens adopt this system. The mode of conducting crypto transactions and trading features is likely a strategic advantage for the central banks. Apart from a few Caribbean countries, Nigeria has implemented CBDC already. India is already in the pilot stage of implementing CBDC in the country. India is undergoing a paradigm shift as moving towards "Digital India." In a country like India, where people are more comfortable using physical cash, it is a significant challenge for people to adopt this innovation. CBDC issuance has three types, i.e., Central Bank Issued (CBI), Central Bank Authorized (CBA), and Non-Central Bank (NCB). India is working on Central Bank-issued (CBI) digital currency. CBDC implementation will help to have a digital trail of transactions in the country, which was impossible to identify at the retail level. It will also help central banks to curb activities like money laundering, tax evasion, etc. While the whole exercise is going on by The Reserve Bank of India, it is important to highlight people's perceptions. People will play a pivotal role in the success of CBDC implementation. The paper looks forward to addressing people's perception of curbing illegal activities like money laundering.