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Gate Square New & Returning Creator Rewards are ongoing!
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STUDY | South Africa Leads Globally Among Countries with Largest Declines in CBDC Interest
A new research paper released in August 2024 has provided the first comprehensive evaluation of the early effects of macroeconomic indications and subjective well-being of central bank digital currencies (CBDCs) adoption.
Despite considerable excitement about CBDCs, the analysis indicated that their effect on major economic indicators like GDP growth and inflation has been limited. The study’s statistical models examined countries that either tested or introduced CBDCs between 2019 and 2023.