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Economists, governments, financial institutions, and crypto players are showing a growing interest in the development of central bank digital currencies (CBDCs). The term refers to a digital token of a country’s official currency, providing the public with direct digital access to central bank reserves. Issued and regulated by a national monetary authority or central bank,
Bitcoin, stable coin, meme coins… cryptocurrencies have rapidly attracted the interest of everyone from asset managers, art mavens and tech experts. The number of diverse groups that view crypto as a major disruptive force is only growing as the uses of this innovative technology continue to multiply. Central bankers around the world are working on
Are central bank digital currencies the future of money? Cryptocurrencies are increasingly becoming part of established economic systems around the world. Financial giant Goldman Sachs now officially views Bitcoin as an asset class and Morgan Stanley recently started offering this cryptocurrency to wealthy clients through its funds. The central banks of countries including England, Japan,
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