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Lithuania To Trial Europe’s First Central Bank Digital Currency (CBDC) – Blockchain News, Opinion, TV and Jobs

by CBDC Insider Staff
July 4, 2020
in Business, Europe
Reading Time: 1min read
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Lithuania To Trial Europe’s First Central Bank Digital Currency (CBDC) – Blockchain News, Opinion, TV and Jobs
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With national banks around the world driving at the speed of light to develop Central Bank Digital Currencies (CBDC), and Facebook cryptocurrency looms on the horizon, Lithuania has taken the step to issue the first central bank-produced digital coin in the eurozone.
A CBDC is essentially a state cryptocurrency, renamed by the financial sector to steer clear of tying it too closely to Bitcoin and other cryptocurrencies which have brand issues.

Continue read: http://technewsdestination.com/2020/07/03/lithuania-to-trial-europes-first-central-bank-digital-currency-cbdc-blockchain-news-opinion-tv-and-jobs/

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