Danish central bank sceptical on retail CBDC
Report says existing payment systems offer similar benefits, but case for CBDC could change
Denmark might not need a retail central bank digital currency (CBDC), argues its central bank in an analysis published on June 23.
“At present, and with the associated costs and possible risks, it is not clear how retail CBDCs will create significant added value relative to the existing solutions in Denmark,” the National Bank of Denmark payment systems report says. However, it adds that the benefits of new technology often become clearer over time and demand for new payment instruments can be
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