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 ...

To continue reading
Request Free Trial

  • Unlimited access to all content.
  • Email alerts highlighting key industry insight.
  • Invitations to attend exclusive roundtables and events.

Read Next:

Monetary Authority of Singapore
CBDCs
May 2, 2023

MAS explores stablecoin regulation alongside CBDC experimentation

Singapore’s financial regulator is experimenting with a range of CBDC development projects alongside creating a regulatory approach to stablecoins, but the final role of both CBDCs and stablecoins within the...
Read more