The halls of Spain’s financial system are about to witness a revolution, and it’s all thanks to a groundbreaking pilot program exploring the potential of Central Bank Digital Currencies (CBDCs). Announced on January 3, 2024, this initiative marks a pivotal step for the Banco de España, venturing into the world of digital currency and its impact on interbank operations.
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- Source: https://bitcoinworld.co.in/banking-on-the-future-spain-embarks-on-cbdc-pilot-journey/