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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Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.