Understanding Central Bank Digital Currencies (CBDCs): Their Impact on the Crypto World

Central bank digital currencies (CBDCs) are gaining traction, representing a significant shift in global finance. Unlike cryptocurrencies like Bitcoin and Ethereum, CBDCs are issued by central banks, giving them direct control over their circulation and monetary policy. This new financial system promises to reshape how we interact with money in the 21st century. This article explores the implications of CBDCs on the cryptocurrency world.