Tag results for 'virtual currencies'

The digitisation of central bank currencies among the major economies – the current landscape

To date, the central banks of approximately 65 countries are in some stage of initiating or developing a programme of digitising their central bank currencies. This digitisation has the potential to minimise costs in cross-border transactions, increase financial inclusion and improve the efficiency of monetary policy implementation. This article details the programmes among the world’s major economies.

Released on Jul 21, 2021