What Is a Central Bank Digital Currency (CBDC)?

Central Bank Digital Currency is in the News all over the planet. This is a topic that is of interest now and as we move forward with the Global Great Reset, become a talking point for many. We have reserved a couple of Premium Domain Names that can be used for blogs and professional services websites.

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Central bank digital currencies are digital tokens, similar to cryptocurrency, issued by a central bank. They are pegged to the value of that country’s fiat currency.

Many countries are developing CBDCs, and some have even implemented them. Because so many countries are researching ways to transition to digital currencies, it’s important to understand what they are and what they mean for society.

(source: Investopedia.com)


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