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Central banks warm up to digital currency as crypto ecosystem freezes over
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The number of central banks studying the feasibility of a digital currency that consumers and retailers can use reached a total of 105, representing over 95 per cent of the global economy, according to US think-tank Atlantic Council.
AFP
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SINGAPORE - The global implosion of cryptocurrencies was instructive not only for investors, but it may also have made central banks more determined to offer a state-backed digital alternative to paper money.
The number of central banks studying the feasibility of a digital currency that consumers and retailers can use has reached 105, representing more than 95 per cent of the global economy, according to the US think-tank Atlantic Council.
