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cryptonews 2023-07-05 10:31:00

Current CBDC Models Aren't Viable for Everyday Transactions: Copper's Research Head

In an interview with The Block, Fadi Aboualfa, the head of research at crypto brokerage Copper, expressed that the existing Central Bank Digital Currency (CBDC) models are "not a viable cash equivalent that people could use in daily transactions." Aboualfa raised doubts about CBDCs despite the recent proposal for Hong Kong to launch its (CBDCs) and the Bank of International Settlements (BIS) unveiling a blueprint for a global "unified ledger" to support CBDCs and tokenized assets. ... Read More: Current CBDC Models Aren't Viable for Everyday Transactions: Copper's Research Head

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