BLOCKCHAIN
Blockchain is a decentralized, distributed digital ledger that records transactions across many computers in a way that the registered transactions cannot be altered retroactively.
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Central Bank Digital Currencies (CBDCs) are digital forms of a country’s fiat currency, issued and controlled by the central bank. In trading, CBDCs are seen as a potential evolution of monetary systems, offering faster, more secure, and more efficient payment methods. Traders focus on CBDC developments as they could impact the traditional financial system, especially in terms of exchange rates, cross-border payments, and central bank policies. The rise of CBDCs could also influence the adoption of cryptocurrencies and blockchain technologies.