**News Flash: Central Banks Rethink CBDC Strategies Amid Interoperability Challenges**
Many central banks worldwide are deep into developing Central Bank Digital Currencies (CBDCs), but recent shifts in strategy are making waves. Canada and Australia have pivoted from retail to broader and wholesale CBDCs, respectively. This shift highlights the complex challenge of ensuring CBDCs are interoperable with existing and future financial systems.
Interoperability is crucial for CBDCs to succeed, mirroring the challenges faced by Web3. What are your thoughts on these developments? Share in the comments! đ
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