With the global economy racing to embrace digital payments, central banks also are looking to the future and investigating how to support innovation while maintaining monetary policy and financial stability as they issue and distribute currency. In fact, 80 per cent of central banks surveyed are engaging in some form of CBDCs work, and about 40 per cent of central banks have progressed from conceptual research to experimenting with concept and design, according to a recent survey by the Bank for International Settlements. — VNS … [Read more...] about Mastercard launches central bank digital currencies (CBDCs) testing platform
