A few countries and central banks have been talking about “digital currency”, and most of them are carefully ignoring the term “crypto”. Fact is- digital currency is not the same as cryptocurrency. These countries/central banks are recognizing the benefits of the digital currency features of cryptocurrency, but they don’t want any of the decentralized uncertainties that come with blockchain-based currencies.
Will countries or central banks create their own cryptocurrency?
It has a big possibility that countries and central bank would create their own cryptocurrency because they would not allow any crypto to envade into their territory. Just like the fiat currency has its own unique and security features that only their people can use of it.