Saturday, July 4, 2020
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Blockchain News

Lithuania To Trial Europe's First Central Bank Digital Currency (CBDC)

With national banks around the world driving at the speed of light to develop Central Bank Digital Currencies (CBDC), and Facebook cryptocurrency looms on the horizon, Lithuania has taken the step to issue the first central bank-produced digital coin in the eurozone. A CBDC is essentially a state cryptocurrency, renamed by the financial sector to steer clear of tying it too closely to Bitcoin and other cryptocurrencies which have brand issues. The bold CBDC issuance project...

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