A Central Bank Digital Currency (CBDC) is a digital currency issued by a central bank. CBDCs are different from the cryptocurrencies mainly in that CBDC has a central authority while cryptocurrencies work headless. This post discusses about the definition of…
The digital euro is a European Union project to create the digital version of euro cash. It would be legally accepted by all merchants within the euro area, and also will allow to make transactions between their holders. As 2023,…
There are some currencies (like the defunct pesetas or the Colombian peso) that can’t be divided into decimals, because there are no coins or notes of a value smaller than an unit. SAP stores how many decimals are used for…