Tag "central bank"

Why Are 80% of Central Banks Looking into Digital Currencies?

In 2019, 80% of central banks were engaged in work related to central bank digital currency (CBDC), compared with 70% the previous year. Amongst these, 40% had progressed from conceptual research to experiments or proofs-of-concept, and 10% had developed pilot

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EU Parliament: Cryptocurrencies Unlikely to Impact Central Bank Monetary Policy

Virtual currencies including cryptocurrencies such as bitcoin are unlikely to have an impact on monetary policy, according to a new report by the European Parliament. The research paper, provided by Policy Department A at the request of the Economic and

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