• Central bank digital currencies could be the future of finance. Goldman Sachs analysts break down how they might work

    1 day ago - By Business Insider

    Summary List Placement Central banks around the world are racing to test and launch their own digital currencies, with policymakers worried about threats from cryptocurrencies, private payment systems and other central banks.
    However, central bank digital currencies are far from straightforward. Central banks are currently working hard on how they should be designed, and how to stop them threatening the traditional financial sector, among many other issues.
    Goldman Sachs analysts, led by David Mericle and Laura Nicolae, on Tuesday published a status report on CBDCs around the world. Here's...
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  • Central bank digital currencies could be the future of finance. Goldman Sachs analysts break down how they might work

    Central bank digital currencies could be the future of finance. Goldman Sachs analysts break down how they might work

    1 day ago - By Business Insider

    Representation of Bitcoin cryptocurrency is seen in this illustration photo
    Getty Images
    Central banks around the world are testing digital currencies, in what could be a major shift.
    Goldman analysts broke down the state of play with digital currencies on Tuesday.
    They stressed that central banks want to avoid hurting the commercial lending sector.
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    Central banks around the world are racing to test and launch their own digital currencies, with policymakers worried about threats from cryptocurrencies, private payment...
    Read more ...