Home Fintech Dedollarisation pushing central banks to issue CBDC, official says

Dedollarisation pushing central banks to issue CBDC, official says

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Dedollarisation pushing central banks to issue CBDC, official says













































Dedollarisation pushing central banks to subject CBDC, official says – Central Banking





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Requested whether or not central financial institution digital forex (CBDC) will contribute to dedollarisation, a board member from a central financial institution in Latin America stated: “I feel dedollarisation is pushing central banks to subject CBDC”.

It’s “very clear” that that is the case, the board member informed the Central Banking Autumn Conferences 2024 in Mexico Metropolis. He pointed to the European Union’s digital sovereignty technique, which goals to chop Europe’s reliance on overseas funds suppliers, particularly these based mostly within the US.

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