A global digital currency in the works
With the likely onset of digital currencies like Facebook's libra, the Bank of England, along with other international banks, is keen to consider a central bank digital currency (CBDC).
By: spire research and consulting
This may help improve the efficiency of cross-border transactions and payment systems, while potentially reducing dependence on the US banking system.
Can a single digital currency pave the way for a common global currency?
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