CBDCs, Digital & Resilience, Opinion

BIS: the pros and cons of offline CBDCs

By Beju Shah
Image: Getty Images

Central bankers are warming to people using central bank digital currencies (CBDCs) to make payments offline – whether due to a temporary internet outage or coverage limitations – for reasons ranging from financial inclusion to safeguarding privacy and resilience.

This functionality has grown in importance as investigations into, exploration of, ...

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