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CBDC Explained: An Introduction to Central Bank Digital Currency
Central Bank Digital Currency (CBDC) is a relatively new concept that has garnered much attention in the fintech world. A central bank issues and backs CBDC, differing from decentralized cryptocurrencies like Bitcoin, which operate on a peer-to-peer network. Key Takeaways What is a CBDC? Central banks design CBDCs to function as a digital version of […]