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Why We Won’t See CBDCs Everywhere

For all the talk of central banks launching digital versions of national currencies, only three projects have fully launched. For a host of reasons, we likely won’t see a global rollout of these difficult-to-build and not-particularly-wanted initiatives, says Fiorenzo Manganiello, co-founder and managing partner of investment firm LIAN Group.

The Bank of International Settlements has encouraged the development of central bank digital currencies around the world.
The Bank of International Settlements has encouraged the development of central bank digital currencies around the world.