Who Will Regulate Central Bank Digital Currencies?
Though a bit provocative, this headline raises a liminal question on the various projects of Central Bank Digital Currencies (CBDBs): Which governance will apply to them? Or as Juvenal, the poet in ancient Rome, famously asked, “Who will guard the guards themselves?”[1] What Is a Central Bank Digital Currency? A CBDC is the digital form of a country’s fiat currency and,…
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