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Tag: Macroeconomics

15 Oct 202015 Oct 2020 Abhishek N Jain

Central Bank Digital Currency (CBDC)

A group of 7 major Central Banks including USA's Federal Reserve along with Bank for International Settlement have teamed up to decide how a digital currency would look like. What is a Central Bank Digital Currency (CBDC) ? It's a digital equivalent of cash.Just like normal currency, it gives the holder a direct claim on … Continue reading Central Bank Digital Currency (CBDC)

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