Politicology cover image

The Sinister Threat of Digital Dollars

Politicology

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Cross-Border Remittances and the Impact of Digital Currency

This chapter explores the potential of Central Bank Digital Currency (CBDC) to transform cross-border remittances, offering a lower-cost alternative for immigrants. It addresses current challenges, including high transaction fees and government surveillance, while underscoring the need for broader policy changes beyond just technological advancements.

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