Tag: environmental impact

CBDC's Green Promise A Mirage? 5 Reasons Why It Might Backfire

CBDC's Green Promise A Mirage? 5 Reasons Why It Might Backfire

The entire narrative around the implementation of CBDCs has been meticulously staged. As their proponents assure us, these things are the future of finance, delivering efficiency, financial inclusion, and, importantly, a lighter environmental footprint. Well, I’m here to give you the real story on this “green” pledge. That’s either disingenuous...

Digital Currency, Green Future? Examining the Environmental Impact of CBDCs

Digital Currency, Green Future? Examining the Environmental Impact of CBDCs

From a global perspective, Central Bank Digital Currencies (CBDCs) have gained significant popularity. In the last half-year, almost every G20 country has poured billions into these projects. In a new report, Juniper Research anticipates an explosion in the global value of CBDCs. It will increase from $100 million today to...