Najiyya Budaly (September 10, 2021 12:43 PM BST)-Major central banks need to accelerate programs to design digital currencies to catch up with big tech companies offering innovative payment solutions There is, said the Bank for International Settlements chief on Friday.
Benoit Cœuré, head of the BIS Innovation Hub, said the Central Bank of the European Union needs to speed up the work towards creating the Central Bank’s Digital Currency (CBDC). Currency is traditional money in digital form, issued and managed by a central bank.
Cœuré, a former director of the European Central Bank, said the central bank must act swiftly to initiate the rollout of digital currencies …
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What Are The Main Benefits Of Comparing Car Insurance Quotes Online
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