Banks Should Pay Interest on CBDCs to Reduce Tax Avoidance – Report

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Banks Should Pay Interest on CBDCs to Reduce Tax Avoidance – Report

Too much stick and not enough carrot might be the wrong approach for those wishing to impose taxes on digital currencies: This was the surprising conclusion of a new report commissioned by the South Korean central bank, the Bank of Korea (BOK).
Per EDaily, the report was co-authored by Jaevin Park, an assistant professor at the Department of Economics at the University of  Read more »
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