In one of my earlier blogs, I mentioned that Facebook’s efforts to launch its Libra cryptocurrency triggered intense debates over who would control money in the future. It has also forced Central Banks to think about and explore their own digital currency. According to recent research, at least 18 central banks are currently developing digital currencies. But up till recent that was just done on an individual stand-alone basis. The most effective way to counter private digital currencies however is via a collaborative approach. This year we are seeing more collaboration between central banks, aimed to think about the ... (full story)