Central Banks want to launch CBDC digital currencies

Video Description (from Youtube)

versions of their own currencies. CNBC’s Joumanna Bercetche takes a look at why these cautious institutions may soon be launching a revolution in how we think about money.

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Explore Topics: CBDC (1)

What is CBDC?

Central bank digital currency, CBDC or digital currency is the digital form of fiat money. Fiat money being a currency established as money by government regulation, monetary authority or law. The present concept of CBDCs was directly inspired by Bitcoin, but CBDC is different from virtual currency

and cryptocurrency, which are not issued by the state and lack the legal tender status declared by the government. CBDCs are presently in early hypothetical stage, with some proof-of-concept programmes.

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Central Banks want to launch CBDC digital currencies - CNBC

Video Description (from Youtube)

Explore Topics: CBDC (1)

What is CBDC?

News on CBDC (1)

Youtube Videos on CBDC (10)

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