With reference to Central Bank digital currencies, consider the following statements : 1. It is possible to make payments in a digital currency without using US dollar or SWIFT system. 2. A digital currency can be distributed with a condition programmed into it such as a time-frame for spending it. Which of the statements given above is/are correct?
a
1 only
b
2 only
c
Both 1 and 2
d
Neither 1 nor 2
Money and BankingCentral Bank Digital Currency (CBDC)Central Bank digital currenciesUS dollarSWIFT systemprogrammable money