JJEM: Special Edition 1 (December 2023)
JJEM: Special Edition 1 (December 2023)
2023-12-08
Crypto currencies and Central Bank Digital Currencies (CBDCs): A Comparative Analysis
Abhishek S and Sinchana K S
The emergence of crypto currencies and the growing interest in Central Bank Digital Currencies (CBDCs) have sparked significant discussions in the financial and economic sectors. This paper aims to provide a comprehensive comparative analysis of crypto currencies and CBDCs, exploring their origins, functions, advantages, and challenges. Through this analysis, we seek to shed light on the implications of these digital currencies for the global financial landscape. The study's aim is to shed light on the potential consequences of these digital currencies for the global financial landscape, offering a comprehensive examination of these innovative financial instruments.
Crypto currencies, Central Bank Digital Currencies, Financial System, Central Bank.