Banks in the Era of Central Bank Digital Currencies
richardfield.substack.com
As we enter the era of central bank digital currencies (CBDCs), the big question is what impact will this have on commercial banks. It depends. It depends on how central banks set up their digital currencies. The following chart from the BIS highlights the choices central banks face:
Banks in the Era of Central Bank Digital Currencies
Banks in the Era of Central Bank Digital…
Banks in the Era of Central Bank Digital Currencies
As we enter the era of central bank digital currencies (CBDCs), the big question is what impact will this have on commercial banks. It depends. It depends on how central banks set up their digital currencies. The following chart from the BIS highlights the choices central banks face: