News by FinTech Collective

News by FinTech Collective

News by FinTech Collective Archive

What is a CBDC and why do central banks want them?

While many countries including the U.S. haven’t decided if they want to introduce a central bank digital currency, some are acting faster.

"CBDCs, like cash, would be a direct liability of the central bank, carrying its guarantee presumably for at least as long as the country...…

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