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Aug 22

CBDCs - The end of the free market?

Yet another CBDC project has failed, continuing the line of failure by central banks the world over to embrace and adapt to the changes the blockchain revolution has and still will bring. The Bank of Japan (‘’BoJ’’) has recently announced that it would be scrapping its CBDC project on the eve of its 3rd round of testing. The (“BoJ”) cited that 'a lack of public interest' was the deciding factor for scrapping their proposed CBDC plan. This could largely be due to the fact that Japan ...

Jonathan_opsfin

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Jonathan_opsfin

DeFi & Web3 enthusiast Crypto Accountant @ Operations.Finance

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