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The Daily Hodl 2020-06-28 17:00:25

Central Bank Digital Currencies Could be Next Step in Evolution of Money, BIS Reports

The Bank for International Settlements (BIS) says central bank digital currencies (CBDCs), which are new forms of digital fiat guaranteed by governments, could be the future of money. In a new annual economic report, the BIS reveals that central banks are well-positioned to trigger innovative changes in the current payments infrastructure. “Technology – in particular, […]The post Central Bank Digital Currencies Could be Next Step in Evolution of Money, BIS Reports appeared first on The Daily Hodl.

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