Definition ∞ The management of public funds, including revenue collection, expenditure, and debt management, by governmental bodies. This field examines how governments raise and spend money to provide public services. Digital assets and blockchain technology are increasingly discussed in relation to national treasuries and central bank digital currencies.
Context ∞ Governments worldwide are exploring the implications of digital assets for national financial stability and monetary policy. Debates surround the potential for central bank digital currencies to modernize payment systems and the regulatory treatment of cryptocurrencies for tax and oversight purposes.
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