What’S The Difference Between A Central Bank Digital Currency And A Cryptocurrency?

What’s the difference between a central bank digital currency and a cryptocurrency?

If you’re dazed and confused by the talk of cryptocurrency here and central bank digital currency there, then read on for some clarity. CBDCs, or Central Bank Digital Currencies, are a new type of digital currency being developed by central banks around the world, including the European Central Bank and the Federal Reserve. Cryptocurrencies, on…