Central banks and payments in the digital era

Publish Date: 24-06-2020

Publish Frequency: 1

Source: Bank for International Settlement

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Type: Report

Synopsis: Central banks, as critical as ever in the digital era, can themselves innovate. In particular, central bank digital currencies (CBDCs) can foster competition among private sector intermediaries, set high standards for safety and risk management, and serve as a basis for sound innovation in payments.

Public Link: https://www.bis.org/publ/arpdf/ar2020e3.pdf

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