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Bank Of International Settlements: Central Banks Should Consider Developing CBDCs Because Of The Spread Of Coronavirus

by CBDC Insider Staff
April 6, 2020
in Business
Reading Time: 1min read
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Bank Of International Settlements: Central Banks Should Consider Developing CBDCs Because Of The Spread Of Coronavirus
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BIS has issued a report arguing in favor of central bank digital currencies (CBDCs) and digital payments amid the COVID-19 pandemic. In particular, the report highlights a significant adverse change in consumer attitudes regarding the use of cash in response to the World Health Organization (WHO) warning about the spread. COVID-19 via banknotes.

Continue read: https://azcoinnews.com/bank-of-international-settlements-central-banks-should-consider-developing-cbdcs-because-of-the-spread-of-coronavirus.html

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