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G7 leaders favour CBDCs provided they ‘support and do no harm’ to central banks

G7 leaders favour CBDCs provided they ‘support and do no harm’ to central banks

G7 countries are in favour of central bank digital currencies (CBDCs) but one primary condition. The implementation of CBDCs should not hamper the ability of central banks to maintain monetary and financial stability. “No G7 authority has yet taken the sovereign decision to issue a CBDC and careful consideration of the potential policy implications will continue,” said the G7.






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