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The global financial landscape is undergoing a significant transformation, driven by technological advancements and evolving payment habits. In this era of digital innovation, a concept once confined to academic discussions and niche central bank research papers has rapidly ascended to the forefront of policy agendas worldwide: Central Bank Digital Currencies, or CBDCs. The rise of CBDCs is not merely a technical curiosity; it represents a fundamental re-evaluation of how money is created, distributed, and used in the 21st century. As central banks grapple with the


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