Seven Major Central Banks Collaborate to Release First CBDC Report, Highlighting Key Principles

2020-10-9 20:52

The Bank of International Settlements (BIS), along with seven other prominent central banks, has published a report on the feasibility of issuing CBDCs to complement monetary policy. According to the 26-page document, CBDC’s should be based on foundational principles and core features that will enable the prospectus digital currencies to function effectively.

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