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While many countries including the U.S. haven’t decided if they want to introduce a central bank digital currency, some are acting faster.
"CBDCs, like cash, would be a direct liability of the central bank, carrying its guarantee presumably for at least as long as the country...…
The Bank for International Settlements has enlisted the central banks of Malaysia, Singapore, South Africa and Australia to test the use...
Federal Reserve Governor Lael Brainard said a cryptocurrency backed by the central bank could provide a variety of benefits. Getting...
Americans have been hoarding cash during the pandemic, presenting the Federal Reserve with an expensive challenge. Cash use at the till...
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