Divergent motives fuelling CBDC discussion, BIS survey reveals

Majority of central banks are researching the various forms of CBDC

Digital travel

Emerging markets and advanced economies are motivated by different factors when considering whether to launch central bank digital currency, a survey conducted by the Bank for International Settlements concludes.

Breaking down respondents by stage of economic development reveals emerging markets value domestic payment efficiency and financial inclusion the most. Cross-border payment efficiency is the least important.

“For advanced economies, payments safety and financial stability are the

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