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?
It really is good news for Crypto but it is still a project. There is so much good news but it's just under construction. so to really good market return, it should take more than 2 years to recover.