The Rise of Central Bank Digital Currencies (CBDCs): A New Era of Monetary Policy
Introduction to CBDCs Central Bank Digital Currencies (CBDCs) represent a significant evolution in the field of monetary policy and digital finance. At its core, a CBDC is a digital form of a country’s official currency, issued and regulated by the nation’s central bank. Unlike cryptocurrencies such as Bitcoin and Ethereum, which operate on decentralized networks … Read more