• Ledger Insights
• 25 Feb, 2021

The Bank pointed to CBDC research conducted by the Bank for International Settlements (BIS) in which it participated. BIS research found that 60% of banks are unlikely to issue a CBDC within the next six years, but 86% of banks are engaging in some sort of activity. BAM’s committee will, “identify and analyze the contributions, the benefits as well as the risks of a CBDC for the national economy. In addition, this committee will thoroughly review all consequences of a CBDC on monetary policy,
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