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He has also outlined the possible risks - CDBC can create a situation of faster transmission of shocks across countries, can be used for currency substitution and can create capital flow volatility because of faster flow of money across countries; and has stressed on the need for finding technological and systematic solutions for these risks. Das has dismissed the apprehension on whether CBDC and the fast payment system like UPI can work together.
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The government mistakenly briefed that five new low-tax sites would be announced this week.
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The crowd cheered Saturday outside the new Toys R Us at Harlem Irving Plaza in Norridge when mascot Geoffrey the Giraffe helped cut the ribbon during the grand opening of the toy store marking a reprisal of the iconic retailer after it first filed bankruptcy in 2017 and shuttered stores nationwide by 2021. We want to be where the customers are, and this is a cool, magical place. You can see families, moms, dads, and grandparents came. And Chicago is magical, said Alex Winkelman, executive vice president of business development with Austin, Texas-based parent company Go! Retail Group. Hours […]
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