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CBDCs May Be Disruptive for Financial Systems, Fitch Ratings Says

“Widespread adoption of CBDCs may be disruptive for financial systems if associated risks are not managed,” warn Fitch Ratings analysts.

By Tanzeel Akhtar
Updated Sep 14, 2021, 12:56 p.m. Published May 17, 2021, 4:01 p.m.
The U.S. Federal Reserve is taking a more cautious approach towards CBDCs than in many other countries, including China.
The U.S. Federal Reserve is taking a more cautious approach towards CBDCs than in many other countries, including China.