Private Companies Could Play Role in Digital Currency Issuance, Bank of England Says
Analysts from the U.K.'s central bank said private currencies could work alongside any future CBDC initiative if they offered real utility.
The Bank of Korea is seeking a partner to help develop the architecture for a potential central bank digital currency.
The Bank for International Settlements appears to contradict its own prior statements in a new digital payments report.
BIS is looking for a blockchain engineer to take a lead on its digital currency initiatives, which includes CBDC and digital security research.
The research explores how "central banking for all" via digital currency could affect commercial banks.
The filing details a way for fiat currencies, like the U.S. dollar, to be turned into a central bank digital currency.