CBDCs Hold Promise and Peril in Global Finance Overhaul, Study Finds | HackerNoon
Briefly

As we navigate the digital finance landscape, Central Bank Digital Currencies (CBDCs) are pivotal, enhancing financial inclusion and creating efficient transactions that alter monetary policy fundamentally.
The integration of CBDCs into the financial system necessitates comprehensive regulatory frameworks and robust privacy protections to mitigate risks associated with their implementation while maximizing benefits.
Exploring Central Bank Digital Currencies offers profound insights into how digital currencies may evolve our financial structures, necessitating ongoing research into their implications across economic, social, and environmental domains.
Future studies must address the ethical challenges posed by CBDCs, including ensuring equitable access and understanding the environmental implications tied to their technological infrastructures.
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