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The case for caution with central bank digital currencies

Fintech Beat, Ep. 66

Could CBDCs have unpleasant consequences for banking, lending and the balance of power in the monetary system?
Could CBDCs have unpleasant consequences for banking, lending and the balance of power in the monetary system? (Chesnot/Getty Images)

FT Alphaville editor Izabella Kaminska and Citi exec Tony McGlaughlin warn that central bank digital currencies could have unpleasant consequences for banking, lending and the balance of power in the monetary system.

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