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Congressional Research Service Report: 'Central Bank Digital Currencies - Policy Issues' (Part 2 of 2)
July 22, 2021
WASHINGTON, July 22 -- The Congressional Research Service issued the following report (No. R46850) on July 21, 2021, entitled "Central Bank Digital Currencies: Policy Issues":

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Would CBDCs Be Less Costly and More Efficient Than the Current System?

Proponents of CBDCs generally argue that CBDCs could provide efficiency gains over traditional legacy systems and contend that central banks could use the technologies underlying digital currencies . . .

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