A form of central bank issued digital currency (CBDC) could go live this year, according to Antony Lewis, R3 director of research, cash and CBDC strategy, speaking on panel of experts at the Deconomy conference this week at the Walkerhill Hotel in South Korea.
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The Bank of England, for example, supports the deposit of commercial banks, Grigg said. Hence, directly issuing a cryptocurrency to the public could undermine existing commercial banks’ deposit base, ultimately impacting the loan market, he said...Click here to know the details story
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