Central Bank Digital Currencies Can Replace Cash, Offer Resilience: IMF Chief

Central Bank Digital Currencies Can Replace Cash, Offer Resilience: IMF Chief

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CBDCs are digital iterations of sovereign currencies like the U.S. dollar or the euro issued by central banks, potentially utilizing technologies that underlie cryptocurrencies. Governments worldwide see these currencies as something that could support the digitization of payments, improve the…

#europeanunions #ecb #cbdc #bis #agustincarstens

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