Emerging market central banks keener to issue CBDCs – BIS
BIS survey shows central banks shifting emphasis from wholesale to retail CBDCs
A survey from the Bank for International Settlements shows emerging markets may issue a general-purpose central bank-issued digital currency (CBDC) sooner than advanced economies.
Central banks have moved from “conceptual” research to a “significant majority” now looking to issue a CBDC “very soon”, the BIS says in its results published today (January 23). The BIS says that every central bank that has moved to the development or pilot project stage is in an emerging market.
However, there has
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