Financial Services Financial Services

Comment: Banks' role cast into question as money issuers consider going digital

By Jack Schickler
  • 07 Oct 2020 08:07
  • 07 Oct 2020 08:07

Central banks — usually focused on printing notes and minting coins — are considering a third way to give people direct access to state-backed assets by launching their own digital currencies. 

That raises very fundamental questions about the financial system.

If any citizen could get a direct claim on the central

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