The Financial Stability report for August 2022 revealed that the Central Bank of Oman (CBO) has initiated the formation of a task force dedicated to examining Central Bank Digital Currencies (CBDCs). Through close collaboration with fellow regulators and relevant entities, CBO demonstrates its unwavering dedication to fostering innovation within the financial realm. By proactively pursuing this strategy, CBO ensures it acquires the necessary knowledge and skills to effectively navigate the dynamic digital financial landscape, positioning itself to respond appropriately whenever the need arises.
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