DMI Finds CBDCs Not Targeting Cross-Border Payments, Huge Potential in Metaverse
The Digital Money Institute (DMI), part of the Official Monetary and Financial Institutions Forum think tank, found in its survey that CBDC development was “gaining momentum,” with two-thirds of central banks expecting to have CBDCs within a decade. Another 12% of central bank respondents said they did not expect to issue a CBDC at all. When asked about their objectives, more than a quarter of central banks mentioned preserving their roles in money provision and more than 10% mentioned financial inclusion. “Other” was indicated more often.
How Financial Hitmen Infiltrate Crypto and Obstruct Global Adoption
Anyone getting close to executive levels of banks can taste the venom in their words and smell the sulfur in the room.
