Rethinking CBDCs: Addressing design flaws and privacy concerns
The Payments Association
OCTOBER 14, 2024
Unless some maximum value that can be held in a wallet is enforced, the argument goes, banks will be depleted of their deposits without warning, and if the technology of the wallets themselves can be called upon to enforce these limits, then the problem is solved. This article outlines key changes and steps firms must take to comply.
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