October 30 - 17:10
IBM research: Digital currency to be issued by central bank in 5 years
A central bank will issue a digital currency within five years, according to new research. IBM and the Official Monetary and Financial Institutions Forum revealed that 73% of global banks surveyed were in favour of CBDCs, or central bank digital currencies. The report reads that "retail digital currencies will act as a complement to or as a substitute for notes and coins".
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