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3232New Bank of America Report Says Digital Currencies ‘Could Boost Economic Growth’ in Developing Countries
https://www.digit.info/new-bank-of-america-report-says-digital-currencies-could-boost-economic-growth-in-developing-countries/
Tue, 22 Jun 2021 23:30:38 +0000https://www.digit.info/2021/06/22/new-bank-of-america-report-says-digital-currencies-could-boost-economic-growth-in-developing-countries/Read more]]>A new Bank of America (BOA) research study has found that both central bank digital currencies (CBDCs) and private digital currencies hold “a lot of potential” for increasing financial inclusion in developing countries. In the report, the bank also argues that such “digital currencies could reduce transaction costs and allow more economic activities in emerging […]
A new Bank of America (BOA) research study has found that both central bank digital currencies (CBDCs) and private digital currencies hold “a lot of potential” for increasing financial inclusion in developing countries. In the report, the bank also argues that such “digital currencies could reduce transaction costs and allow more economic activities in emerging […]