DIGITAL CURRENCY AND THE SIGNIFICANCE OF ISSUING DIGITAL CURRENCY BY A CENTRAL BANK

With the development of information technology and the globalization of financial markets, the issue of digitalization of currency systems has become increasingly important. Digital currency, especially when issued by a central bank, is beginning to play a crucial role in the economy. This article explores the significance of issuing digital currency by a central bank (CBDC), its potential benefits, and the challenges it presents. Digital currency is a form of currency that exists in digital form. It can take the form of cryptocurrencies or central bank currencies that are controlled by government agencies. The issuance of digital currency by a central bank, also known as central bank digital currency (CBDC), is carried out under the control of the state and has an of ficial status.