Consensus on CBDC design among central banks not a priority, Bank of Canada says

bank of canada alt 800x450 yDLeis

As central banks around the world explore central bank digital currencies (CBDCs), the Bank of Canada (BOC) is keen to stress that rollout efforts don’t require coordination between nations — and may not even need blockchain technology at all. 
CBDCs are digital forms of fiat currencies that are controlled by a nation’s monetary authority, with rollout programs currently overseen by supranational working groups. In 2020, it was announced that officials from the Bank of International Settlements and the Bank of England would oversee a six-strong group of central banks, including the BOC, as they pool together research on CBDC use cases. 
Yet Dinesh Shah, the BOC’s director of fintech research, told The Block in an interview last week that reaching consensus on CBDC implementation with other central banks is “not a central focus” — unless the bank chose to explore cross-border payments.  
Ultimately, Shah says that decisions regarding a CBDC are specific to individual

Czytaj więcej

We współpracy z: https://www.theblockcrypto.com/post/141269/consensus-on-cbdc-design-among-central-banks-not-a-priority-bank-of-canada-says?utm_source=rss&utm_medium=rss

Total
0
Shares
Dodaj komentarz

Podobne Wpisy