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NEWS ROUNDUP: Central Banks Will Limit Your Savings ep321

BTC Sessions

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Do You Really Need a CBDC?

Lord King warned this week that the introduction of a CBDC offered risks Quote risk, but no obvious benefits. He cautioned against creating something that the public didn't need just because it had quote the sexy name of digital currencyCBDCs are about ways of making payments not a new currency. A report by the Lord's Economic Affairs Committee also warned that the introduction would lead to state surveillance of people's spending choices or even financial instability.

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