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Which central bank will launch world’s first digital currency?

Summary:
[unable to retrieve full-text content]The race among central banks to launch sovereign digital currencies is heating up. China has made considerable progress, with hopes of using its nascent digital currency to help internationalise the yuan, but several other nations are warming to the idea of relying less on cold, hard cash in more flexible payment systems.What is a central bank digital currency?Central bank digital currencies are traditional money, but in digital form, issued and governed by a country’s central bank.They differ…

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[unable to retrieve full-text content]
The race among central banks to launch sovereign digital currencies is heating up. China has made considerable progress, with hopes of using its nascent digital currency to help internationalise the yuan, but several other nations are warming to the idea of relying less on cold, hard cash in more flexible payment systems.What is a central bank digital currency?Central bank digital currencies are traditional money, but in digital form, issued and governed by a country’s central bank.They differ…

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