Bank for International Settlements Calls CBDCs a Potential ‘Sea Change

[Tnoy30]

The leading global central bank institution has published new research on central bank digital currencies, noting a major shift in their direction thanks to Libra as well as COVID-19.
In advance of its coming annual report, on June 24 the Bank for International Settlements released a special chapter from that report on digital payments — especially central bank digital currencies, a topic that’s attracted tremendous interest in recent months.

The report encourages central banks to treat CBDCs as their future, saying: “One option at the frontier of policy opportunities is the issuance of CBDCs, which could amount to a sea change.”
Read on: https://cointelegraph.com/news/bank-for-international-settlements-calls-cbdcs-a-potential-sea-change