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Retrieved on: 2025-02-20 20:49:00
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Summary
The article discusses the European Central Bank's efforts to develop a wholesale Central Bank Digital Currency (CBDC) like the digital euro, driven by competition from stablecoins and market demands. Blockchain technology underpins these initiatives, facilitating secure transactions and interoperability. Concerns include privacy and centralized control. Related tags emphasize monetary reform, digital currencies, and the European financial infrastructure.
Article found on: www.cryptoninjas.net
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