Digital currency good for poverty war

CBDC

A group of young people discuss the concept of central bank digital currency. PHOTO | POOL

In the past week, many people have been asking what the central bank digital currency (CBDC) is all about and how it will be different from the current fiat currency.

Nonetheless, a discussion paper on CBDCs by the Central Bank of Kenya (CBK), which invites public comments, has set in motion the digitalisation of currency in Kenya.

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