CBDCs Are 'Central' to Innovating Financial Systems, BIS Chief Says

CBDCs Are 'Central' to Innovating Financial Systems, BIS Chief Says

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Central bank digital currencies (CBDC) are key to innovating financial systems, and the private sector will play a major role in getting them to market, said Agustín Carstens, the head of the Bank for International Settlements. "Whether in wholesale form – as a type of digital central bank reserve…

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