Wednesday, 12 July, 2023

BIS Survey Reveals 24 Central Banks to Introduce Digital Currencies by 2030

According to a survey by the Bank for International Settlements (BIS), 24 central banks worldwide are expected to launch their own digital currencies by 2030. The survey indicates a growing interest & momentum among central banks in exploring & implementing digital currencies as part of their monetary systems. The move towards digital currencies highlights the potential for transformative changes in the global financial landscape, paving the way for more efficient & secure digital transactions.