The Bank for International Settlements, which serves as a “bank for central banks,” released its latest paper examining retail central bank digital currencies, as its members “are approaching a point” as to whether or not they should move forward in their CBDC work. Central banks representing Canada, Europe, Japan, Sweden, Switzerland, England and the US are working to explore CBDCs for retail use.... Read More: Seven Central Banks Contemplate the Future of Retail CBDCs in Latest Report
