The Economic Affairs Committee found that while a CBDC may provide some advantages, it could present significant challenges for financial stability and the protection of privacy.
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The availability of ATMs may have peaked at 470,000 units scattered across the U.S. in 2019, with a fall-off since then to 462,000 in 2020 and an estimated 456,000 last year, a spokesperson for research firm Euromonitor International said in updating its report on financial cards and payments in the U.S.
Kendrick Sands, Euromonitor’s head of Consumer Finance Research, expects that downward trend to continue.
The automated tellers are disappearing in tandem with banks closing local branches. The banking strategy pivot comes as digital banking and payment alternatives become more widespread.
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NFTs may have been floating around since 2015, but they only gained massive popularity in 2021. Some NFTs sold for millions of dollars!
Although an emerging technology, NFTs in business have become a hot topic.
This article explains how to use NFTs for your business and what to know before delving into these digital assets.
Want to know more? Click HERE.