‘Central Bank Digital Currencies would be a novel type of central bank money’ – EU Official

Vitas Vasiliauskas, a member of the Governing Council of the ECB and chairman of the board of the Bank of Lithuania, has come out generally in favour of wholesale central bank digital currencies (CBDCs).   Broadly defined, a CBDC is a digital form of central bank money that is different from balances in traditional reserve or settlement accounts. It would serve as a medium of exchange, a means of payment and a store of value, just like the current forms of central bank money.   Matt Branton, is an expert…

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What is the impact of Central Bank Digital Currencies on Local Economies and Cryptocurrencies [ VIDEO ]

How are Crypto Assets being used to make payments on the Blockchain?  What is the impact of Central Bank Digital Currencies [CBDC] on local economies and cryptocurrencies?   The panel in the video below discusses the use of CBDCs and many types of crypto assets plus the roles they can play in token economics.               Please leave your questions and comments below:

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