Discussion as regards creating a central bank digital currency (CBDC) continues in several parts of the world as it leaves the crypto world with the question of could this CBDC improve payments processing across the globe? It also raises questions like after its launch, would it oust the traditional fiat currencies and so on. However, many countries and institutions continue to show interest in it. Most recently, at the Davos conference in Switzerland, the U.S. digital dollar gathered a lot of attention from a wide range of experts. Former chairman of U.S. Commodity Futures Trading Commission (CFTC), Christopher Giancarlo, believes
