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Frequently Asked Questions

Explore the common inquiries related to Central Bank Digital Currencies.

A Central Bank Digital Currency is a digital form of a country’s fiat currency, issued by the central bank, accessible to the public.

CBDCs are digital, centralized currencies, while traditional currency exists in physical forms like coins and notes, providing unique advantages.

CBDCs raise concerns about user privacy as transactions can be tracked, potentially affecting personal freedom and data security.