Tag: Digital Currency

Central Bank Digital Currency

Central Bank Digital Currency a Mixed Blessing

There’s quite a massive rush in other countries for a Central Bank Digital Currency (CBDC). The governments are yet to decide on the idea of digital currency. When the Reserve Bank of India (RBI) called the central bank-supported digital currency “a mixed blessing,” it raised the eyebrows of the crypto world. Recently RBI stated that such virtual tokens increase financial…

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Introduction to Central Bank Digital Currency (CBDC)

Introduction to Central Bank Digital Currency (CBDC)

What is Central Bank Digital Currency (CBDC)? Central Bank Digital Currency (CBDC) is centralized!  CBDC: Also called the digital fiat currency and digital base money runs under the regulatory authority, like the central bank. A government’s central bank completely backs CBDC, and these banks hold the liability and authority over it. They are a digital representation of a country. Unlike…

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2021 Key Trends that are About to Change the Crypto Space

2021 Key Trends that are About to Change the Crypto Space

Today, we see a massive surge for cryptocurrencies, like trends in crypto space is always exciting, expanding, and encouraging.  Although the crypto market is all-time into controversies, the crypto investors and enthusiasts always drive it towards growth and development space. Well, thanks to them! On the other hand, the crypto services from PayPal and other giants and government interest in…

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