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Banks May Face Competition From CBDCs, Study Suggests

The survey also shows central banks are uncertain whether distributed ledger technology should underpin a government-backed digital currency.

A market in Harbour Island, the Bahamas, which has issued a CBDC known as the Sand Dollar (MoMo Productions/Getty Images)
A market in Harbour Island, the Bahamas, which has issued a CBDC known as the Sand Dollar (MoMo Productions/Getty Images)