Hi Guys,
It's Urgent #alert From World Economic Forum (WEF) !
WEF Says 98% of Central Banks Are Exploring CBDCs
A recent study conducted by the World Economic Forum (WEF) on CBDCs found that 98% of global central banks are exploring CBDCs
A recent study conducted by the World Economic Forum (WEF) on central bank digital currencies (CBDCs) found that 98% of global central banks are exploring CBDCs to improve access to central bank money (CeBM) and enhance its modernization.
Many are asking if CBDCs are the key to a more efficient global financial system?
CBDC stands for central bank digital currency. It is a digital form of fiat money, like USD, GBP, or EUR. CBDCs fall into two main types: retail and wholesale.
Retail CBDCs are meant for regular people and businesses to use in everyday transactions, while wholesale CBDCs (wCBDCs) are tailored for financial institutions and function much like central bank reserves.
