What is CBDC?Central Bank Digital Currencies are digital tokens, similar to cryptocurrencies, issued by a central bank and are referred to as central bank digital currencies. In other words, they're tied to the country's fiat currency. CBDCs are being developed in a wide range of countries, and some have already been adopted. Because so many countries are looking into digital currencies, it's critical to have a firm grasp on what they are and what they signify for society. Esse...