India Grants Crypto Holders Reprieve Ahead of Likely Ban: Report
The window of opportunity for investors to cash out to fiat is expected to be between three and six months.
CBDCs could facilitate central bank stimulus in the form of money drops, and lead to higher inflation, says BofA.
Central bank digital currencies would largely benefit countries if they work together to eliminate traditional banking frictions, a research note said.
The greenback has something else going for it cryptocurrencies don't: the bond market, notes Marc Chandler.
The overall program's size was left intact, along with the March 2022 end date, but the pace of stimulus is now set to increase.
The CBDC platform will be powered by the same blockchain technology as Ripple's public XRP Ledger.