10
Jan
Central Bank Digital Currencies (CBDCs) are a new form of digital money that is being considered by many countries as an alternative to traditional fiat currency. CBDCs are designed to function as a digital equivalent of cash, with the added benefit of being able to transact electronic payments instantly and securely. They have become increasingly attractive in recent years, due to the potential for greater financial stability, transparency and efficiency that they can offer. In this article, we will explore how CBDCs could impact global financial markets. We will also take a look at the regulations that need to be…