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Articles tagged by CBDC

Central Banks Remain Cautious on Digital Currencies: BIS A survey of central banks by the Bank for International Settlements (BIS) finds that while a majority are collaboratively looking at the implications of issuing a central bank digital currency (CBDC), indeed many have reached the stage of considering practical issues, they are proceeding cautiously with few reporting plans to actually issue a digital currency in the short or medium term. The survey had 63 respondents, which the BIS says represents around 80% of the world’s population, and asked about central banks’ current work on CBDCs, what motivates that work, and how likely their issuance of a CBDC is.