Blockchain, Numismatics, CBDC? The Lithuanian Experiment

Discussions regarding the pros and cons of issuing central bank digital currency continue around the world, and discussions evolved into issuance of digital collector coin in, Lithuania. In July, the Bank of Lithuania released the LBCOIN, “the world’s first blockchain-based digital collector coin”. Now that its first-of-its-kind digital collector coin is out, the BoL is setting an example to other central banks in an experiment that is exciting but immersed in its share of yet-to-be-answered questions.