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What are Central Bank Digital Currencies (CBDCs)?

by CBDC Insider Staff
June 7, 2020
in Business
Reading Time: 1min read
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What are Central Bank Digital Currencies (CBDCs)?
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The term Central bank digital currencies (CBDCs) refers to cryptocurrencies issued from Central Banks. These virtual versions of their fiat counterparts leverage blockchain technology to provide the world’s currency issuers with more efficiency, control, and security. Consequently, more countries than ever plan to introduce some form of CBDC into their markets in the coming years.

Continue read: https://www.securities.io/what-are-central-bank-digital-currencies-cbdcs/

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