✅ Many governments are creating and deploying Central Bank Digital Currency projects. Here is a website that tracks all the #CBDCs launching globally. https://cbdctracker.org
👉 Although central banks like to conflate (amalgam) their digital currencies with #cryptocurrencies and blockchain technology, only to cloud people's judgment because #CBDCs ARE NOT #CRYPTOs.
👉 #CBDCs are controlled by a central bank, while cryptocurrencies are almost always decentralized, meaning they cannot be regulated by a single authority.
👉 The #CBDC is just a digital money (or digital form of a country's fiat currency) instead of being a physical note, with the goal of eradicating cash.
👉 Although central banks like to conflate (amalgam) their digital currencies with #cryptocurrencies and blockchain technology, only to cloud people's judgment because #CBDCs ARE NOT #CRYPTOs.
👉 #CBDCs are controlled by a central bank, while cryptocurrencies are almost always decentralized, meaning they cannot be regulated by a single authority.
👉 The #CBDC is just a digital money (or digital form of a country's fiat currency) instead of being a physical note, with the goal of eradicating cash.
Central Bank Digital Currency (CBDC) Tracker
Central Bank Digital Currencies are a new form of electronic money that, unlike well-known cryptocurrencies, are issued by central banks of certain countries. CBDC Tracker is an information resource for CBDC with news, updates and technology information.