by In a new working paper the Swiss Bankers Association identifies challenges for banks. Nevertheless it argues that [a]ny conclusion that the status quo is the least risky option seems premature and shortsighted. … The introduction of digital currencies and design questions regarding payment methods and infrastructure represent strategic business as well as political challenges on which public authorities and business must take a productive position. An informed discussion on the design and implementation of digital currencies is essential. It is time for the general public to consider these issues and drive the opinion-forming process.
Topics:
Dirk Niepelt considers the following as important: Bank, Central bank digital currency, Notes, Switzerland
This could be interesting, too:
Claudio Grass writes Gold climbing from record high to record high: why buy now?
Marc Chandler writes Bailey Weighs on Sterling
Dirk Niepelt writes “Governments are bigger than ever. They are also more useless”
Dirk Niepelt writes The New Keynesian Model and Reality
In a new working paper the Swiss Bankers Association identifies challenges for banks. Nevertheless it argues that
[a]ny conclusion that the status quo is the least risky option seems premature and shortsighted.
…
The introduction of digital currencies and design questions regarding payment methods and infrastructure represent strategic business as well as political challenges on which public authorities and business must take a productive position. An informed discussion on the design and implementation of digital currencies is essential. It is time for the general public to consider these issues and drive the opinion-forming process.