Central Banks’ Digital Currencies: To Cherish or Not?
Tech companies have done a lot to make cashless payments mainstream, and while the argument that the central bank should officially approve the adoption of digital currencies or regulate them is ongoing, the idea of central banks issuing fiat currencies is coming to the fore. The far-left maintain the opinion that digital currencies need no regulation, and on the far right is the belief that central banks should issue digital currencies: E-Dollar, E-Yen, E-Naira, etc.