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International Central Bank Group BIS: Global Financial System Could Benefit from Unified CBDCs

International Central Bank Group BIS: Global Financial System Could Benefit from Unified CBDCs

A unified electronic ledger, combining central bank digital currencies (CBDCs) and other tokenized assets, has the potential to enhance the global financial system, according to a report by the Bank for International Settlements (BIS).
The proposed ledger would leverage automated smart contracts that exist on blockchains like Ethereum to facilitate seamless transactions…
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