Divergent motives fuelling CBDC discussion, BIS survey reveals

Digital travel

Emerging markets and advanced economies are motivated by different factors when considering whether to launch central bank digital currency, a survey conducted by the Bank for International Settlements concludes.

Breaking down respondents by stage of economic development reveals emerging markets value domestic payment efficiency and financial inclusion the most. Cross-border payment efficiency is the least important.

“For advanced economies, payments safety and financial stability are the

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