Bank of America says CBDCs could ‘Replace cash completely in the (distant) future’ in Research Note

Coindesk | James Rubin | Jul 11, 2021 The second largest U.S. bank said that the rise of CBDCs was "inevitable." Bank of America (BofA) called central bank digital currencies “a much more effective payment system than cash,” in a research paper published Wednesday. The Charlotte, N.C.-based bank, the second largest in the U.S. by

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