Central bank digital currencies (CBDC)

A group of seven central banks together with the BIS, are working together to explore central bank digital currencies (CBDCs) for the public. For CBDC to work effectively, public and private institutions need to cooperate to ensure integration with existing payments systems; to anticipate customers' future needs; and to support innovation while preserving public trust, privacy and stability in the broader financial system. These are the main conclusions of a new set of reports that looked into users' needs, technological design options and financial stability implications of retail or "general purpose" CBDCs.

Please find the reports here, here and here; and an executive summary here.