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MegaCBDC - ‘Year of the CBDC’? Central Bank Digital Currencies More Popular than Ever



" Countries are exploring the launch of central bank digital currencies now more than ever. Why?

2020 will go down in history as The Year™ of many things: COVID, of course; the year of one of the most divisive US presidential elections in history. (And, perhaps for some crypto hopefuls, the year that Bitcoin regained $20k.)

However, 2020 will also likely go down in history as the beginning of a new financial era: one that is primarily digital in nature. Specifically, 2020 may be remembered as the year that central bank digital currencies, or CBDCs, entered the international financial policy conversation in a serious way.

Indeed, for the past several months, it almost seems as though another country or international body is announcing a new study, pilot program, exploration of, or report on how a CBDC might work in its jurisdiction.

In addition to China, which announced the upcoming launch of its own national digital currency several years ago, several other nations have announced plans... " - Read Full Article


Source: financemagnates



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Six central banks collaborate on Central Bank Digital Currencies - LedgerInsights

Why it's time to take central banks' digital currencies seriously - weforum

Get Ready For Crypto Banking, DeFi & CBDC Surprises - Venture Capitalist - Cryptonews

DeFi market cap explodes to $11 billion as Chainlink hits all-time high - Decrypt

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