Countries with digitised and innovative economies are more likely to be developing central bank digital currency (CBDC) projects while those with a larger informal economy are tending to focus on creating retail CBDCs, a working paper published by the Bank for International Settlements (BIS) reports. ‘Rise of the central bank digital currencies: drivers, approaches and […]
Read the rest of BIS reports on central bank digital currency initiatives around the world at NFCW.