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Digital Currencies And Monetary Policy In Developing Economies
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Skilfuljay03
63 days agoThe rapid rise of digital currencies is reshaping the global financial system, with significant implications for developing economies. From cryptocurrencies like Bitcoin to central bank digital currencies (CBDSs) , these innovations are influencing how money is used, transferred or regulated.
For developing nations that often face challenges such as inflation, weak banking infrastructure, and high remittance costs, digital currencies present both opportunities and risks for monetary policy.
What do you think?
Can cryptocurrencies replace currencies or bank notes?
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