Tag "central bank digital currency (CBDC)"
New Deutsche Bank Paper Outlines Opportunities and Challenges of CBDCs
Central banks around the world are exploring the potential of digital currencies to improve monetary transactions. While so-called central bank digital currencies (CBDCs) appear to be upon us, promising many benefits including faster and cheaper transfers, they also present multiple
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New BIS Working Paper Looks at State of Central Bank Digital Currency Projects Around the World
A new working paper by the Bank for International Settlements (BIS) looks at the state of central bank digital currency (CBDC) projects around the world. According to the study, as of mid-July 2020, at least 36 central banks had published
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Interest in Central Bank Digital Currency Surging
Around the world, interest around central bank digital currency (CBDC) is surging, with an increasing number of central banks looking to issuing their own digital currencies to wholesale networks of banks, corporates, fintechs, but also the general public, according to
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Why Are 80% of Central Banks Looking into Digital Currencies?
In 2019, 80% of central banks were engaged in work related to central bank digital currency (CBDC), compared with 70% the previous year. Amongst these, 40% had progressed from conceptual research to experiments or proofs-of-concept, and 10% had developed pilot
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