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Heard on the Block: “CBDC”

Snacks / Tuesday, November 01, 2022

🛹 If the “How do you do, fellow kids” meme were a crypto…

Creators like Satoshi Nakamoto and companies including Circle have launched cryptocurrencies. Now central banks want in on the fun with a digital currency they can issue and control (aka: a “central bank digital currency,” or CBDC). India's central bank plans to start its CBDC pilot today, and the US Fed is “exploring” CBDCs.

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