Sector Regulation Sector Regulation

Central bank digital currencies will happen but still need caution, says BIS official

By Fiona Maxwell
  • 11 Jun 2020 11:31
  • 11 Jun 2020 11:31

Central bank digital currencies are likely to become a reality more rapidly as the world adapts to technology and behaviors thrust into the spotlight by the Covid-19 crisis, the head of the Bank for International Settlements’ Innovation Hub said today.

Nevertheless, there should be a “cautious and collaborative” approach to these CBDCs,

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