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CBDC

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It has come to the notice of experts that the Argentinean government has made its very first move towards introducing its own CBDC (Central Bank Digital Currency). As per a decree published on April 26 numbered 207/2022, the Argentinean mint has been given legal authority to involve itself in investigating, developing, and issuing digital currencies. Before this, the Argentinean mint only had the power or faculties to print the national fiat currency, the Argentine Peso.…

Cryptocurrency has been widely popular among new-age millennials for its potential to bring in a new era of financial inclusion. The idea of a currency operating independently from the central government has both attracted authorities and private institutions to re-evaluate their takes on the virtual asset class. However, price volatility & regulatory uncertainty is the very nature of popular crypto-assets across the major countries that are still figuring out ways to monitor the risks and…

Modern-day financial tools that help us live our daily lives are about to change. Even better, if I say they are soon going to evolve thanks to the Internet & Blockchain revolution. Central Banks & Governments are about to roll out their own version of Digital Currency. This means, no more paper money is required. All you want is a token that’s backed by the national central bank. Assuming none of us has any idea…