Azaland

In an increasingly digital world, you need to understand the implications of central bank digital currencies or CBDCs.Central banks around the world are experimenting with digital versions of national currencies to complement or replace physical cash. Although CBDCs could expand financial inclusion and reduce costs, they also introduce risks around privacy, security, and control that require prudent consideration.


What Are Central Bank
Digital Currencies
(CBDCs)? Central bank digital currencies (CBDCs) are digital forms of fiat money issued by a central bank. They represent digital currency liabilities of the central bank an…

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