Jonny Fry Posted
Another government issues a central bank digital currency
Lithuania is to issue its own Central Bank Digital Currency (CBDC). Population of Lithuania has been declining and it is predicted to be at the same level it was in 1960’s – 2.7million. However, it was the largest country in Europe in 14th century, so how times do change. This is a milestone for Blockchain technology and for the Euro zone as this will be the first time a CDBC is going to be used for payments by a nation’s citizens. Although it ought to come as no surprise that Lithuania are launching...
Lithuania is to issue its own Central Bank Digital Currency (CBDC). Population of Lithuania has been declining and it is predicted to be at the same level it was in 1960’s – 2.7million. However, it was the largest country in Europe in 14th century, so how times do change. This is a milestone for Blockchain technology and for the Euro zone as this will be the first time a CDBC is going to be used for payments by a nation’s citizens. Although it ought to come as no surprise that Lithuania are launching...