Uses of CBDC are unclear, several officials say

Officials differ over whether digital currency could increase financial inclusion


The future of central bank digital currency appeared to be unclear to the central bankers at Central Banking’s Autumn Meetings in Miami. Though the technology was called the “most popular topic in central banking”, attendees still failed to agree on whether there was a need for CBDCs.

“Everybody’s trying to identify concepts. There’s still not a clear business happening,” said a central banker. We’re in a stage of figuring out ‘what is what’,” they said.

Another central banker said they didn’t

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