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The IMF recommends moving away from PoW while designing CBDCs

The IMF recommends moving away from PoW while designing CBDCs


Coinnounce
2022-06-11 15:29:03

According to IMF research, nations and crypto infrastructure providers should transition away from proof-of-work CBDCs. As per a new report released by the International Monetary Fund, governments considering developing CBDCs should consider energy consumption while making design decisions. What is the advice of the IMF? According to the IMF, central banks should “create CBDCs [central bank digital […]


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