Sanctions imposed on Russia could prod more countries like China to look at central bank digital currencies (CBDC) as a tool to counter the dollar’s dominance in the global financial system, former Bank of Japan executive Hiromi Yamaoka said on Wednesday. While sanctions using financial infrastructure are necessary in extreme cases like the Ukraine crisis, […]
The post Ukraine Crisis May Reshape Role of CBDC, Says Ex-BOJ Official appeared first on The Central Bank Digital Currency Insider.

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