Central Bank Digital Currency: The Future Of Your Money
newscatcher
2023-07-28 06:30
Central Bank Digital Currency: The Future Of Your Money
Digital currency has the potential to completely change how society thinks about money. The rise of decentralised digital currencies, like Bitcoin (BTC) and Ethereum (ETH), that exist only in electronic form has sparked significant interest across the globe from investors, institutions, regulators and governments alike. This has led central banks in many countries, including Australia, to research how national digital currencies, known as central bank digital currencies (CBDCs), might work. What Is Digital Currency? Digital currency is any currency that's available exclusively in electronic form.

https://www.forbes.com/advisor/au/investing/cryptocurrency/digital-currency/

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