Programmable money ‘a key benefit of CBDCs’
However, Central Banking Autumn Meetings hear that use case for a retail version is “missing”
Despite cross-border payments being the “main motivation” for research into central bank digital currencies (CBDCs) in Latin America, no project to develop this connectivity exists, an official told the audience at a Central Banking Autumn Meetings panel.
The board member, from a central bank in the Americas, said there was a lack of integration between the region’s monetary authorities over what they regarded as a “critical” issue. The official said during the discussion, which took place under
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