Monetary & Fiscal Policy Articles from Indexopedia

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What is a Central Bank Digital Currency (CBDC)?

Central Bank Digital Currencies (CBDCs) represent a digital form of a nation’s currency issued and regulated by its central bank. Unlike cryptocurrencies such as Bitcoin or Ethereum, which are decentralized and operate independently of governments, CBDCs are entirely centralized. They aim to modernize financial systems, improve transaction efficiency, and offer a stable digital payment solution backed by the full faith...
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