CBDCs are not cryptocurrencies, but they’re in the same family. They don’t have to be, but they could be based on a blockchain, the ledger technology that powers Bitcoin and the rest of crypto. A CBDC would simply be a digital version of an existing fiat currency like the U.S. dollar, with the imprimatur of the issuing government.
- Mastercard Deepens Tie to CBDCs as Nations Mull Issuing Digital Currencies
Written by Bankerage Published on August 17, 2023