It’s now or never — The US has to prepare itself for digital currency

Welcome to the world of central bank digital currency, or CBDC, where big countries like China and small countries like the Bahamas are trying to mark their presence. It’s a world where 86% of the world’s central banks are trying to create digital currencies. Almost 60% of them are working on the concept and 14% have already introduced a pilot program.

Related: Did CBDCs affect the crypto space in 2020, and what’s next in 2021? Experts answer

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