Sector Regulation Sector Regulation

Central banks should develop digital currencies now, BIS’s Cœuré says

By Fiona Maxwell
  • 10 Sep 2021 05:40
  • 10 Sep 2021 03:11
The time for central bank digital currencies is now, Benoît Cœuré said today, even if banks face being crowded out by the new technology.

“The time has passed for central banks to get going” on the state’s digital version of cash, the head of the Bank for International Settlements’ innovation hub said in

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