Digitization of fiat currencies raises concerns - Asia Times

in hive-116221 •  4 years ago 

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Central Bank Digital Currencies (CBDCs) have been an increasingly popular topic in the cryptosphere and financial world as a whole, especially with the onset of the Covid-19 crisis, writes Cointelegraph journalist Antonio Madeira. In the United States, the need for a universal electronic payment system for stimulus checks gave rise to a proposition for the creation of a digital dollar and its implementation.


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