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JPMorgan Report Says CBDCs Can Save Firms $100B a Year in Cross-Border Costs

The report considers a network of multiple central bank digital currencies across the ASEAN region.

Updated May 11, 2023, 7:01 p.m. Published Nov 3, 2021, 7:46 p.m.
JPMorgan's Asia Pacific headquarters in Hong Kong. (Jerome Favre/Bloomberg via Getty Images)
JPMorgan's Asia Pacific headquarters in Hong Kong. (Jerome Favre/Bloomberg via Getty Images)