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CBDCs should be built with cash-like model, not Bitcoin, in mind, paper says

By Neil Roland
  • 21 Jun 2021 14:56
  • 21 Jun 2021 14:56
Central bank digital currencies shouldn’t be designed with Bitcoin in mind but rather with a cash-like model that’s more manageable by individuals who aren’t tech-savvy, a Bank for International Settlements paper said.

“Since CBDCs might have advantages for the unbanked and the elderly population, this desideratum cannot be overstated,” the paper this month

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