After a turbulent year, digital assets have not been written off entirely. A recent IMF report explored the continued involvement of central banks with tests and explorations of digital currencies.

According to the report, the presence of alternative means of payment may shrink the importance of cash. Some central banks are looking at a cashless society in the future, and see that a fully digitized means of payment that is also secure is a way forward. The technology itself, which involves a faster and easier transfer of assets, remains important. In a globalized world joined together by technology, i…

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