The currency, Ü, is AI-powered and is designed to protect the international banking structure through the adoption of a central banking policy framework. Additionally, the digital asset is designed to comply with International Monetary Fund recommendations for dealing in crypto assets.
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New International CBDC Set to Stabilize Global Banking System
The Digital Currency Monetary Authority launched a central bank digital currency (CBDC) that can act as an internationally recognized settlement currency. So reports Fintech Futures.
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