A Guide to Central Bank Digital Currencies (CBDC’s)

  • What are CBDC’s?
  • Types of CBDC’s
  1. Cryptocurrencies can be bought and sold as one wishes in exchange for USD, but a CBDC is a direct liability from the Federal Reserve and thus, unavailable for withdrawal.
  2. CBDC’s are not part of decentralized finance like crypto, but rather centralized finance, where the currency is controlled by the central bank. Consequently, every transaction remains traceable in the private ledger and anonymity is erased. All financial activity will be evident to the central bank.

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Disrupt is a student-led organization that aims to create a community which drives advancement, education, and engagement in FinTech at Northeastern University.

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Disrupt - The FinTech Initiative

Disrupt - The FinTech Initiative

Disrupt is a student-led organization that aims to create a community which drives advancement, education, and engagement in FinTech at Northeastern University.

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