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Definition of programmable money
Definition of programmable money
Feb 6, 2022
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This Keynote from the Cañizares Center for Emerging Markets will explore the opportunities and risks of central bank digital currencies (CBDCs) at a pivotal moment for global finance. Unlike decentralized cryptocurrencies, CBDCs are state-issued, programmable, and centrally controlled. They promise faster payments, greater transparency, and broader financial inclusion, but also raise serious concerns about privacy, cybersecurity, and disruption to banks and financial markets. Drawing on global c
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