Central bank digital currencies: ongoing policy perspectives

Central bank digital currencies: ongoing policy perspectives

From bis.org

A group of central banks, together with the Bank for International Settlements, are working together to explore central bank digital currencies (CBDCs) for the public ("general purpose" or "retail" CBDC). Since publishing a report in October 2020 setting out the common foundational principles and core features of a CBDC, and an executive summary and three detailed reports onsystem design and interoperability, user needs and adoption and financial stability implications in September 2021, the group has continued to share ideas and perspectives on similar themes, which are summarised in this note: • Development of ... (full story)

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