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| US Federal Reserve Has No Plans to Introduce Digital Currencies, Says San Francisco Fed ... The prospect for various central banks around the world to issue their own virtual currencies has arisen because of the gradual but steady shift toward digital payments. The issuance of central bank digital currencies could potentially facilitate the operations of such institutions as the Fed, allowing them to ...
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| The case for getting rid of high-denomination bank notes I previously discussed the merits of going cashless to enable central banks, including the Bank of Japan, to set interest rates at more negative levels. While that may not happen any time soon, eliminating large denomination paper currency notes -- a "soft" version of eliminating paper currency altogether ...
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