BIS’s Skingsley urges central banks to collaborate on tech
Developing new technology may require “more openness than central banks are used to”
Central banks need to be willing to work with a wide range of parties to develop new technology, the Bank for International Settlements’ Cecilia Skingsley said today (February 28).
The Innovation Hub chief said it was critical to combine “practical and technological expertise”, which may reside in the private sector, with central banks’ “deep understanding of markets and systems”.
“Perhaps this involves more openness than many central banks are used to,” Skingsley told an event hosted by the
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