The introduction of a central bank digital currency (CBDC) allows the central bank to engage in large-scale intermediation by competing with private financial intermediaries for deposits. Yet, since a
Interest in central bank digital currencies (CBDCs) has been burgeoning with 134 countries now exploring its implementation. In December 2022, India started its CBDC pilot program to continue its tran
Central banks across the world were skeptical in 2023 on whether blockchain has a future part to play in the global payments industry. This is according to a survey held that year that asked represent
