Islamabad
About 90 percent of the world’s central banks are currently looking at creating digital versions of their currencies.
The Bank for International Settlements, the Interna-tional Monetary Fund and the World Bank made a joint call on Friday for global cooperation on central bank digital currencies.
Around 90 percent of the world’s central banks are currently looking at creat-ing digital versions of their currencies, raising ques-tions about how they will work and operate with each other.
“Central bank digital currencies (CBDC) offer the opportunity to start with a clean slate.—TLTP