In the opinion of the economic adviser and head of research, Bank for International settlements (BIS), Hyun Song Shin, the introduction of digital coins central bank or CBDC can mean an important step to improve the relationship of these agencies with the society, being “the best instruments to face the effects of the COVID”.
Shin spoke through a podcast of the BIS, dated the 24 of June, in which he points out that central banks, as guardians of the security and integrity of the payments system, must evolve to meet the challenges of the digital innovation.
Continue read: https://currencymarket24.com/bis-urges-central-banks-to-create-their-own-bitcoin-to-address-effects-of-covid/
