A few countries and central banks have been talking about digital currency, and most of them are carefully ignoring the term crypto. Fact is- digital currency is not the same as cryptocurrency. These countries/central banks are recognizing the benefits of the digital currency features of cryptocurrency, but they dont want any of the decentralized uncertainties that come with blockchain-based currencies.
Will countries or central banks create their own cryptocurrency?
They were talking about it, but they never said they were going to release their own cryptocurrency. Dont mind the media, they are fond of carrying fake news which you will get to find out is fake if you dig in properly on the issue. If banks create their own cryptocurrency it will be for the purpose of investment and a way to bring more income to themselves and to those who invest
Just like investment does, you know.
I think central banks do kind of have their own "crypto" currency. Maybe not as digital as you might think but comparatively speaking the "banknote" money the "cash" you hold in your hand is just a small portion of the "money" that exists.
Dollar for example has certain amount printed but god knows how many times over they have that in digital books that changes hands here and there with stocks and derivatives and so forth that in the end they say trillions of dollars over the cash limit and still call it a legit money.
Crypto at least has a limit and its miles better in technology compared to old cash. So if its "digital currency" than dollar is already more digital than cash.