[ad_1]
The publish Colombia Central Financial institution Advises Limits on CBDC Holdings and Spending! appeared first on Coinpedia Fintech Information
The Central Financial institution of Colombia has suggested that Central Financial institution Digital Forex (CBDC) holdings and spending should be restricted to keep away from potential hazards to the monetary system. The financial institution emphasised that the CBDC ought to primarily be utilized by monetary establishments, whereas non-financial entities or people shouldn’t be allowed to carry numerous digital currencies. Colombia’s central financial institution is presently researching the feasibility of CBDC issuance, however it’s cautious concerning the potential dangers and is taking measures to mitigate them by way of cautious planning and regulation. A contingency plan to handle potential dangers related to CBDC’s adoption has additionally been proposed.
[ad_2]
Source link
