BIS and World Bank find central banks split over retail CBDCs
Study says many institutions see value in launching fast payments systems first
A survey by economists from the World Bank and the Bank for International Settlements (BIS) finds central banks to be split over the merits of introducing fast payment systems (FPSs) and retail central bank digital currencies (CBDCs).
The study, published on December 3, presents the results of interviews with 14 central banks. It finds that around half see merit in issuing a retail CBDC and establishing an FPS in the same jurisdiction.
However, some questioned the value of introducing a retail
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