Riya Sharma

Name	:	Riya Sharma
Website	:	Visit Website
Blog	:	Visit Blog
Social Links	:

About Riya Sharma

This book explores the growth of digital payments, cryptocurrencies, and CBDCs. Through case studies, it examines how different regions are experimenting with these digital financial tools within unique economic and social settings. It also provides an updated overview of both the positive outcomes and potential drawbacks. Among the most common criticisms are threats to privacy and the concentration of power in central banks. In the United States, opponents stress that replacing cash could erode privacy and increase government oversight.

The Digital Currency Revolution

Riya Sharma03 Oct, 2025Finance

In recent years, emerging markets have undergone a surge in digitalization, with fintech and mobile payments driving widespread change. These shifts have encouraged the growth of alternative financial systems and pressed central banks to act faster. Central Bank Digital Currencies (CBDCs), once theoretical, are now being tested through pilots in many countries. According to the Atlantic Council’s CBDC tracker, over 95% of the global economy is studying CBDCs. While the interest is global, emerging markets have advanced most quickly with pilots and model launches.