Conference reporting, Digital Transformation

Crowding out of commercial banks ‘won’t be a concern’ in upcoming age of CBDCs

By Natasha Teja
Image: Getty Images

Whereas once commercial banks feared that central bank digital currencies would eat away at their business models, the thinking has flipped to leveraging CBDCs to propel their own burgeoning coin systems.

“We can quite confidently say that central bank money is not going to crowd out commercial bank ...

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