Major central banks set out CBDC policy debates

BIS and central banks discuss major policy issues that still need to be solved

Digital currency

The Bank for International Settlements and seven leading central banks outlined key policy debates around issuing central bank digital currency (CBDC) in a paper published on May 25. 

While they are at different stages of CBDC development, the central banks agree on a need to ensure ongoing retail access to central bank money “at a time of profound, ongoing changes across finance, technology and society”. 

The central banks – of Canada, the eurozone, Japan, Sweden, Switzerland, the UK and US –

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