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Central Banks Digital Currencies (CBDCs) Gain more traction as central banks produce their digital coins rather than opting for decentralized currencies to use as a medium of exchange. Taiwan announced plans to create its own CBDC in June 2022, joining a long list of countries creating their digital currencies. Non-fungible tokens (NFTs) have been a recurring topic of discussion in the mainstream world since 2021. The NFT market is predicted to reach a value of $231 billion by 2030.
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