3 years ago
1
Dwindling cash use is pushing central banks to race toward digital currencies
Central banks are accelerating their work on digital currencies and investors are taking note. Earlier this year, the Bank of International Settlements published its latest survey showing that 86% of the 65 central banks it spoke to are doing some form of work on central bank digital currencies (CBDCs), be it research, proofs of concept or pilot development.
Continue Reading
https://www.cnbc.com
Join the Discussion
I do not understand the purpose of this article, since about 92% of all money is already digital. I think it's a move from old bankers to get a hold of digital currencies like Bitcoin and Ethereum. Let's name it the last cramps before a final, loud and probably violent fart empties those banks from their fried air and takes away their selfimposed importance.