
With the advent of cryptocurrencies, jurisdictions all over the globe are racing to exploit blockchain technology and deploy their own state-backed cryptocurrencies dubbed Central Bank Digital Currencies (CBDCs). The rally was led by China, and the CBDC trend has now engulfed central banks all over the globe. As of now, there is hardly any bank that hasn’t researched cryptocurrencies, blockchain, and CBDCs.
Continue read: https://thedailychain.com/bank-of-france-to-start-testing-cbdc-digital-euro-soon/