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Federal finance and statistics / Central Bank of Nigeria

Digital Currencies: Emerging Trends, Challenges and the Future of the Monetary System

This paper discusses the relevance and significance of digital currencies within the context of the monetary system. The next section presents a global picture of the emerging trends followed by challenges from different jurisdictions. The final section discusses the future of the monetary system as shaped by digital currencies. | Keywords: CBDC, digital payments, CBDCs

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