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Central Banks Happy to take their Time on CBDCs

by CBDC Insider Staff
June 2, 2020
in Business
Reading Time: 1min read
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Central Banks Happy to take their Time on CBDCs
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While there have been many advancements in the cryptocurrency space in regards to adoption and growth in the mainstream, one of the biggers hints towards a boom in the use of the technology has to be the intention of many central banks to look at Central Bank Digital Currencies (CBDC)
CBDCs are a curious cryptocurrency as they infer the use of blockchain technology and the creation of a digital token, but this token will be one based on a fiat currency that will be minted and created by the banks who create the paper and coin monies.

continue read: https://thedailychain.com/central-banks-happy-to-take-their-time-on-cbdcs/

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