Creating a Central Bank of Crypto-currency may no longer sound ridiculous as we are now having a number of countries coming up with some sort of mass application of the technology, the latest is from India, which reportedly ban cryptos, but recent report states that they are considering having a Bank of crypto, Ruppies-backed, Central bank digital currencies CDDC. Are these really positive news for the crypto-market?
that's the truth. We should know that blockchain technology is very useful and it is helping many businesses to do better. The bank is gradually trying to apply this technology to make every transaction faster and more convenient.