Mastercard (MA) Deepens Tie to CBDCs as Nations Mull Issuing Central Financial institution Digital Currencies

by Jeremy

CBDCs are usually not cryptocurrencies, however they’re in the identical household. They don’t must be, however they could possibly be based mostly on a blockchain, the ledger know-how that powers Bitcoin and the remainder of crypto. A CBDC would merely be a digital model of an current fiat foreign money just like the U.S. greenback, with the imprimatur of the issuing authorities.

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