ECB Suggests that Losing CBDC Race Could Have ‘Spillover’ Consequences

The race to become the first major global economy to issue a central bank digital currency (CBDC) has just intensified – with the European Central Bank (ECB) seemingly admitting that when it comes to CBDC launches, it may pay to be first.
These were the findings of a new paper authored by Massimo Minesso Ferrari, an economist in the ECB’s International Policy Analysis  Read more »
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