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Banks May Face Competition From CBDCs, Study Suggests

The survey also shows central banks are uncertain whether distributed ledger technology should underpin a government-backed digital currency.

Updated May 11, 2023, 6:32 p.m. Published Apr 12, 2022, 1:00 p.m.
A market in Harbour Island, the Bahamas, which has issued a CBDC known as the Sand Dollar (MoMo Productions/Getty Images)
A market in Harbour Island, the Bahamas, which has issued a CBDC known as the Sand Dollar (MoMo Productions/Getty Images)