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Public Sector

Definition

The Public Sector denotes the part of the economy comprising organizations and entities controlled or funded by government bodies. This includes government agencies, public services, and state-owned enterprises. In the financial technology and digital asset domain, the Public Sector’s involvement often manifests through regulatory frameworks, the exploration of central bank digital currencies (CBDCs), and the application of blockchain technology for public administration and services. Its actions and policies significantly shape the environment in which digital assets operate.