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Bank of America praises CBDCs but experts remain divided

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In a research report this week picked up by Coindesk, the Bank of America called CBDCs and stablecoins “the natural evolution of money and payments”.

Experts continue to voice widely divergent views on the security and effectiveness of Central Bank Digital Currencies (CBDCs).

“CBDCs do not change the definition of money, but will likely change how and when value is transferred over the next 15 years,” Bank of America analysts led by Alkesh Shah said,

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