CBDCs
Central Bank Digital Currencies (CBDCs) are digital versions of a country's official currency, issued and regulated by the central bank. CBDCs are designed to modernize the financial system, enhance payment efficiency, and provide a secure and government-backed digital alternative to physical cash. Their development and adoption have generated significant interest and discussions among central banks, financial institutions, and the broader public.
17 Oct 202310 minutes
Exploring Central Bank Digital Currencies (CBDCs): The Future of Money and Financial Systems
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