Cash Scarcity is Forcing Central Banks towards Digital Currencies – Research

According to CNBC report, Central banks are accelerating their work on digital currencies and investors are taking note.

Earlier this year, the Bank of International Settlements published its latest survey showing that 86% of the 65 central banks it spoke to are doing some form of work on central bank digital currencies (CBDCs), be it research, proofs of concept or pilot development.  

Almost 15% are moving toward actual research for pilots. 

Click here for more.

Leave a Reply

Your email address will not be published.