Central Banks Move from 'If' to 'When' for CBDCs as Key Pillars Take Shape
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CBDCs have potential to transform money and financial systems, so central banks are shifting from "if" to "when" they will implement them.
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Success of CBDCs depends on 3 pillars - technology, policy, and usability - with privacy an underlying consideration.
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Technology must be secure, scalable infrastructure to support users at massive scale.
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Policy involves complex considerations to fit each country's priorities and frameworks.
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Adoption requires ensuring usability, benefits and seamless cross-border functionality.
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