CBDCs ‘Central’ to Innovating Monetary Methods: BIS Chief Agustín Carstens

by Jeremy

“Whether or not in wholesale type – as a sort of digital central financial institution reserve – or retail type – as a digital banknote – it’s more and more clear, at the least to me, that these new types of cash will sit on the core of the longer term monetary system,” Carstens mentioned in a speech at a convention on CBDCs in Basel, Switzerland on Wednesday.

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