Six central banks have created a working group to share central bank digital currency (
CBDC) experiences and assess use cases. All six banks already have significant expertise in exploring digital currencies.
The banks are the
Bank of Canada, the Bank of England, the
Bank of Japan, the
European Central Bank (ECB), the
Sveriges Riksbank (Sweden), the
Swiss National Bank, as well as the Bank for International Settlements (BIS).
As interesting as it is to see the formation of such a group, inevitably, the omissions are also notable.
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