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Learning & News => News related to Crypto => Topic started by: newshunter on September 05, 2020, 07:01:15 AM

Title: Brazil could have CBDC in two years, says central bank president
Post by: newshunter on September 05, 2020, 07:01:15 AM

Brazil could have CBDC in two years, says central bank president

A central bank digital currency in Brazil may be inevitable.

Source: Brazil could have CBDC in two years, says central bank president (https://cointelegraph.com/news/brazil-could-have-cbdc-in-two-years-says-central-bank-president)

Would appreciate your opinion about this

Title: Re: Brazil could have CBDC in two years, says central bank president
Post by: highnayem34 on September 08, 2020, 01:32:07 PM

A CBDC distinguishes itself from cryptocurrencies without national trust, like Bitcoin, because it is just a new form of representation of the currency already issued by the national monetary authority.