Global central banks see role for private sector in digital currency report
Federal Reserve and European Central Bank among institutions that contributed to report laying out key requirements for CBDCs. China’s PBOC wasn’t involved.
Seven major global central banks and the Bank for International Settlements said in a report they issued that central bank digital currencies, which are increasingly grabbing attention in global financial circles, should be made available at little or no cost and have an “appropriate” role for the private sector.
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