Monetary authorities have been cornered by banking industry, argues Ulrich Bindseil
Ulrich Bindseil
Monetary authorities around the world need to push for the introduction of central bank digital currencies against the finance industry’s wish to privatise money, a former senior official at the European Central Bank has said.
In a webinar hosted by the European Money and Finance Forum on February 23, Ulrich Bindseil, the ECB’s former director-general of market infrastructure and payments, argued that the development of CBDCs was a natural response to digitisation and would be crucial to
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