Microcurrencies are kicking off the week in the red today.

At the time of writing, Bitcoin (BTC) is at $44,292 and Ethereum (ETH) is at $3,088.

Digital assets aside, central bank digital currencies (CBDC) are quickly becoming a hot topic amongst world governments.

World leaders around the globe are waking up to the fact that a digital economy is inevitable.

Of course, when it comes to CBDCs, all eyes are on the digital yuan - officially dubbed the E-CNY.

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