Today the Bank for International Settlements (BIS) and seven central banks published three reports on retail central bank digital currencies (CBDCs).
A key message was the need for public private collaboration. In September last year, the same banks – from the U.S., Europe, England, Switzerland, Japan, Canada, and Sweden – and the BIS published an initial report. The three documents published today covered user needs, CBDC design and financial stability.
“Central banks have a responsibility to ensure that citizens have access to the safest form of money – central bank money – in the digital age,” said European Central Bank (ECB) President Christine Lagarde.
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