Big news about digital money! The US decided not to create its own digital dollar (like a digital version of the US dollar). This is different from Bitcoin, which is a cryptocurrency not controlled by any government.
- The US canceled its plan because of privacy concerns. They worried about people's financial information being easily seen.
- China is working hard on its own digital money, but the US wants to be different.
- This decision might make other countries rethink their own plans for digital money.
| Country | Digital Money Plan |
|---|---|
| USA | Canceled |
| China | Working on it |
| EU | Rethinking their plan |
