Trending Toward A Cashless Society: One Hundred Nations Now Exploring Central Bank Digital Currencies

Authored By Mark Hitchcock: CoinDesk published an article recently that reads, “Federal Reserve’s ‘FedNow’ Launch Triggers Fresh Speculation Over Digital Dollar,” subheading, “While FedNow is currently not tied to any initiative for a digital U.S. dollar or the crypto space in general, experts warn that the system might end up as a precursor to the infrastructure for a central bank digital currency.” Immediately, the creators of the FedNow said this isn’t related to Central Bank digital currency (CBDC),