Central Bank Digital Currency (CBDC) is a new form of money that exists only in digital form. Instead of printing money, a central bank issues widely accessible digital coins so that digital transactions and transfers become simple. Efforts towards the CBDC are increasing all over the world for many reasons. The COVID-19 crisis induced a shift in payment habits towards digital, contactless payments and e-commerce due to a now refuted danger of banknotes being way of transmitting infection, which
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