The first alternative central bank digital currencies will make transactions more efficient. (coinstocks.com)
The Bank recommends a comprehensive review of the economic impact of central bank digital currency issuance as it predicts that digital currencies will compete with commercial bank deposits. (ethnews.com)
The head of fintech partnerships and strategy at HSBC, Kaushalya Somasundaram, reiterated Jaffrey's belief that USC could help delineate a path forward for central bank digital currencies, one of the reasons HSBC joined to begin with. (dailybitcoinnews.com)