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Published 1 year ago

CBDC: Are We on the Brink of Financial Lockdown?

Summary by Ground News
CBDC is short for central bank digital currency, and is a digital token, similar to cryptocurrency, issued by a central bank. They are pegged to the value of that country's fiat currency. CBDCs could be the next big thing for governments and financial institutions. However, a lot of users fear that it would give governments too much control.

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