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CBDC is a tool to combat Bitcoin, says Bank of Indonesia exec By



© Reuters.

Central bank digital currencies (CBDC), digital versions of national currencies introduced in response to growing cryptocurrency adoption, would be an essential tool for combating crypto, according to the Bank of Indonesia.

The central bank of Indonesia is considering launching a digital rupiah to “fight” against cryptocurrencies like (BTC), Bank of Indonesia’s assistant governor Juda Agung said at a recent parliamentary meeting.