Eastern Caribbean Central Bank to Pursue Digital Currency
While numerous countries have discussed the possibility of issuing their own digital currency, the actual issuance of central bank digital currencies has in most cases failed to materialize. Aside from Venezuela’s much-derided petro, which doesn’t seem to be gaining much traction, no other central bank has issued its own digital currency. Until now. While many larger central banks have highlighted problems with direct central bank issuance of digital currency, particularly as they relate to the well-developed Western consumer banking system, [...]
