How can central banks secure the future of money?

Central banks should start tackling the accounting, legal and policy challenges related to CBDC

As the world faces the worst pandemic crisis since the last century, there have been many reports that the Covid-19 virus can be transmitted through coins and banknotes. This has led some countries to encourage cashless payments, for example, by using contactless cards. High-tech innovations are constantly challenging the financial world, and are creating disruption for the banking industry, and this trend has accelerated during the pandemic.

Recently, there has been much discussion on the

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