In his speech published May 27, 2019, Vitas Vasiliauskas, a Governing Council member of the European Central Bank, highlighted the benefits of a central bank digital currencies (CBDC). The Council member referred to some of the major drawbacks that hinder its implementation. The speech was delivered during the Reinventing Bretton Woods Committee conference, “Managing the

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Source and More information: European Central Bank Executive Backs Central Bank Digital Currencies

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