CBDCs can lower cross border remittance expenses by half: BIS review
CBDCs cross

CBDCs can lower cross border remittance expenses by half: BIS review

A BIS report based on a multi-CBDC pilot also showed significant improvements in international remittance speed.

Fed governor says CBDCs remain ‘a solution searching for a problem’
CBDCs governor

Fed governor says CBDCs remain ‘a solution searching for a problem’

Chris Waller’s comments come after Jerome Powell said that the Federal Reserve would be issuing a discussion paper on CBDCs.

CBDCs may disrupt financial systems: Fitch Ratings
CBDCs disrupt

CBDCs may disrupt financial systems: Fitch Ratings

One of the world’s largest credit rating agencies believes that central bank digital currencies (CBDCs) could disrupt the current financial systems. In its latest report, Fitch Ratings looked into how CBDCs could impact the global financial system, including giving governments a new way to track financial data and new financial policy options. Several central banks…