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Crypto craze accelerates central bank digital currency plans

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Central banks around the world are considering issuing their own cryptocurrencies. But what are the pros and cons of CBDCs?

With the explosion of the cryptocurrency market and the prospects of a privately issued digital currency gaining traction globally, central banks around the world are scrambling to issue digital versions of their own currencies.

As many as 86% of central banks are currently researching the potential for issuing a central

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