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Central banks can use Bitcoin to fight off sanctions: Harvard research

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A research paper published at Harvard university highlighted how central banks can use Bitcoin (BTC) to hedge against financial sanctions from fiat reserve issuers.

A working paper, titled “Hedging Sanctions Risk: Cryptocurrency in Central Bank Reserves” released by Matthew Ferranti, a PhD candidate at the university’s economics department explored the potential of Bitcoin as an alternative hedging asset for central banks to fight off potential sanctions.

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