How does this benefit the central banks? There are a number of reasons why central banks would wish to issue a CBDC, but the first is because the economy and resiliency of the country depend on a non-private payment alternative. For now, cash is used for this. Nonetheless, a lot of nations are seeing a … Read More “Digital currencies issued by central banks will feature in next financial systems.” »
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In the banking industry, Central Bank Digital Currencies, or CBDCs, are the newest buzzword. Imagine living in a society where actual cash is not necessary for transactions; instead, you could complete them with a few button clicks. Read More: Sergey Kondratenko + aml (anti-money laundering) CBDCs hold the potential of that future, but like any … Read More “The Top 10 Benefits and Drawbacks of CBDCs, or Central Bank Digital Currencies” »