Central Bank Digital Coins Could Disrupt Banking Systems, Raise Privacy Concerns

https://www.forbes.com/sites/randybrown/2021/11/30/central-bank-digital-coins-could-disrupt-banking-systems-raise-privacy-concerns/
With the proliferation of cryptocurrencies, governments are grappling with the challenge of regulating these new currencies. And in concert, central banks are struggling with the inevitability that cash in circulation continues its decline as electronic payments surge. To maintain relevance, central banks feel pressure to offer their own digital coin. To date, China is leading…