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The National Bank of Ukraine presented the results of testing its e-hryvnia CBDC project, concluding so far that it raises significant concerns. It is particularly concerned about the effect on financial stability as well as the possible threat to the traditional banking system.
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Although the Bank of Canada has no plans for issuing a digital currency immediately, the Central Bank is not ruling out the possibility of launching one due to potential mass adoption of private digital currencies — and the possibility of cashless societies.
Kiffmeister’s Fintech Daily Digest 02/26/2020
