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This article provides a review of recent unfolding development of countries working on creation of central bank cryptocurrency (CBCC). Central bank issued private blockchain based digital cash product such as Fedcoin, introduced by J.P. Koning and used by Bank of International Settlements (BIS) in its report, represents centralized rival of decentralized Bitcoin, electronic peer to peer payment system without central bank control (CB). Article further explores what the ongoing crypto digital turn spells for the fu...