BIS Survey Indicates 24 Central Banks Aiming for Digital Currencies by 2030

BIS Survey: CBDC by 2030

CBDCs are digital representations of fiat money that central banks have issued and are in charge of. They are meant to provide the same functionality as cash while adding the advantages of electronic payments. For instance, CBDCs could track and trace transactions and make quick, inexpensive payments. Why are Central Banks interested in Digital Currency? […]

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