Central banks go for digital coins, how far have they gone?

Since the impact of the covid-19 pandemic, global economies have begun to analyze the launch of digital currencies, and now more than 100 countries are exploring their design and launch.The project called Central Bank Digital Currency (CBDC) – unlike cryptocurrencies that are mostly unsupported by government – operates under the supervision of governments in coordination with central banks and financial authorities. A CBDC is virtual money backe…