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Spain’s Central bank seeks collaboration proposals for wholesale CBDC program

Unrelated to the European Union’s plan for a digital euro, Spain’s Central Bank has released a statement in which they call for local institutions and fintech companies to send proposal for the launch of an experimental wholesale Central Bank Digital Currency (CBDC) program.
This CBDC would only be used by banks in collaboration with the Central Bank, not for retail.
Applications have to be turned in before Jan. 31, 2023.

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