Central Bank Digital Currencies Could be Next Step in Evolution of Money, BIS Reports — The Daily Hodl

The Bank for International Settlements (BIS) says central bank digital currencies (CBDCs), which are new forms of digital fiat guaranteed by governments, could be the future of money. In a new annual economic report, the BIS reveals that central banks are well-positioned to trigger innovative changes in the current payments infrastructure. “Technology – in particular,…

#BIS #CBDCs #DigitalRegulators
#DIFC #FINTECHIVE

via Central Bank Digital Currencies Could be Next Step in Evolution of Money, BIS Reports — The Daily Hodl

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