Why Banks Fear Central Bank Digital Currencies?
Ese Precious
Ese Precious
Fintech writer at AskWallet.io
3 min read 20.05.2022 340
Why Banks Fear Central Bank Digital Currencies?

Why Banks Fear Central Bank Digital Currencies?

Crypto
Business
Personal

Central Bank Digital Currencies are new forms of online money. They were inspired by cryptocurrencies. They claim to be easy to hold and cheap for cross-border transactions. But commercial banks are afraid that Central Bank Digital Currencies will not favour them. Read this post to get familiar with the issues surrounding these new forms of digital currency.

Ibrahim Busari
Ese Precious
Ese Precious