National digital currencies

💠 Will national digital currencies develop?

Many countries have announced that they are considering introducing a national digital currency.

So Sweden, China announced the development of e-crona, a digital yuan. Countries like Senegal, Cambodia and the Bahamas that have already experienced central bank digital currencies (CBCD) with real citizens. Cambodia has been in the so-called crypto train since July 2019, and the project allows anyone with a Cambodian phone number to participate.

Meanwhile, Switzerland said that the country is against the national digital currency, because the risks are too great.

While Japan recently said it is studying how to create its own crypto issued by the central bank.

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