Why central bank digital currencies could attract instos
Central bank digital currencies are seen as more stable than Bitcoin, but they are not likely to be traded the way cryptocurrencies or forex are.
A mounting desire among several central banks in Asia to create their own digital currencies could open the doors for asset owners into an asset class that looks set to be far better regulated and controlled than cryptocurrencies, predict investment experts.
China, Korea, Japan and other nations are all eyeing plans to roll out central bank digital currencies (CBDCs) in the coming year or two. Their plans are emerging as the world’s largest cryptocurrency, Bitcoin, has seen its pr…
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