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CBDCs, while enhancing transmission of monetary policy, are potentially risky

by CBDC Insider Staff
March 2, 2020
in Business
Reading Time: 1min read
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CBDCs, while enhancing transmission of monetary policy, are potentially risky
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Facebook‘s cryptocurrency Libra shows no signs of launching this year and there have been plenty of speculations regarding its fate, ever since the start of 2020.
Recently, Benoit Coeure, who previously served on the Executive Board of the European Central Bank, had stated that the arrival of Facebook’s Libra had been like a “wake-up call” for central banks, adding that public authorities must step up on the development of CBDCs.

Countinue reading: https://eng.ambcrypto.com/cbdcs-while-enhancing-transmission-of-monetary-policy-are-potentially-risky/

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