Tag Archives: digital finance

FINANCE: Why Central Banks Want To Get Into Digital Currencies – VIDEO

Why Central Banks Want To Get Into Digital Currencies – CNBC

Intense interest in cryptocurrencies, like bitcoin, and the Covid-19 pandemic have sparked debate among central banks on whether they should issue digital currencies of their own. Advocates argue that central bank digital currencies, or CBDCs, can make cross-border transactions easier, promote financial inclusion, and provide payment system stability.    Continue reading