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When central banks issue digital money

May, 13, 2023 Hi-network.com

'Sand dollar' is the nickname of the Bahaman central bank digital currency (CBDC). The Bahamas is among the first countries to introduce the CBDC. As the Economist discusses, CBDCs are likely to spread worldwide. This opens many policy issues, including:
-impact on monetary policy
-future role of banks
-protection of privacy

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