{"id":61098,"date":"2022-05-06T16:48:16","date_gmt":"2022-05-06T13:48:16","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=61098"},"modified":"2025-09-05T10:08:39","modified_gmt":"2025-09-05T07:08:39","slug":"bis-reports-strong-central-bank-interest-in-cbdcs","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bis-reports-strong-central-bank-interest-in-cbdcs\/","title":{"rendered":"BIS reports strong central-bank interest in CBDCs"},"content":{"rendered":"<p>Nine out of ten central banks worldwide are studying <span data-descr=\"central bank digital currency\" class=\"old_tooltip\">CBDC<\/span>, with most regulators favouring projects aimed at retail use cases, according to a BIS study.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Work on retail <a href=\"https:\/\/twitter.com\/hashtag\/CBDC?src=hash&#038;ref_src=twsrc%5Etfw\">#CBDC<\/a> in advanced economies focuses mainly on improving domestic payments efficiency, safety and financial stability; emerging market and developing economies also emphasise boosting financial inclusion <a href=\"https:\/\/t.co\/aQhcWCT5g0\">https:\/\/t.co\/aQhcWCT5g0<\/a> <a href=\"https:\/\/t.co\/GKz9pbNA8Q\">pic.twitter.com\/GKz9pbNA8Q<\/a><\/p>\n<p>\u2014 Bank for International Settlements (@BIS_org) <a href=\"https:\/\/twitter.com\/BIS_org\/status\/1522496392446550017?ref_src=twsrc%5Etfw\">May 6, 2022<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In autumn 2021 BIS polled 81 central banks. The aim of the work was to study progress by monetary authorities in CBDC research, as well as their motives and plans regarding the deployment of these instruments. <\/p>\n<p>According to the findings, more than half of respondents are developing their own digital currencies or \u201cconducting concrete experiments.\u201d About 20% say they are creating or testing retail CBDCs \u2014 roughly half as many institutions are working on a wholesale variant of the instrument.<\/p>\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"938\" height=\"611\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/bis.png\" alt=\"\u0412 BIS \u0437\u0430\u044f\u0432\u0438\u043b\u0438 \u043e \u0432\u044b\u0441\u043e\u043a\u043e\u043c \u0438\u043d\u0442\u0435\u0440\u0435\u0441\u0435 \u0446\u0435\u043d\u0442\u0440\u0430\u043b\u044c\u043d\u044b\u0445 \u0431\u0430\u043d\u043a\u043e\u0432 \u043a CBDC\" class=\"wp-image-172302\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/bis.png 938w, https:\/\/forklog.com\/wp-content\/uploads\/bis-300x195.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/bis-768x500.png 768w\" sizes=\"auto, (max-width: 938px) 100vw, 938px\" \/><figcaption>Data: BIS.<\/figcaption><\/figure>\n<p>In BIS notes that regulators in advanced (AEs) and emerging (EMDEs) economies have different motivations for developing retail CBDCs. The former are more focused on boosting domestic payment efficiency and safety, as well as financial stability. <\/p>\n<p>For the latter, these factors also matter, but increasing access to financial services and the efficiency of cross-border payments are more important.<\/p>\n<figure class=\"wp-block-image size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/bis2.png\" alt=\"\u0412 BIS \u0437\u0430\u044f\u0432\u0438\u043b\u0438 \u043e \u0432\u044b\u0441\u043e\u043a\u043e\u043c \u0438\u043d\u0442\u0435\u0440\u0435\u0441\u0435 \u0446\u0435\u043d\u0442\u0440\u0430\u043b\u044c\u043d\u044b\u0445 \u0431\u0430\u043d\u043a\u043e\u0432 \u043a CBDC\" class=\"wp-image-172303\" width=\"840\" height=\"438\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/bis2.png 935w, https:\/\/forklog.com\/wp-content\/uploads\/bis2-300x157.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/bis2-768x401.png 768w\" sizes=\"auto, (max-width: 840px) 100vw, 840px\" \/><figcaption>Data: BIS.<br \/><\/figcaption><\/figure>\n<p>The authors also noted that 70% of central banks study the potential impact of stablecoins on monetary and financial stability, and around a quarter of respondents are considering the use of cryptocurrencies. <\/p>\n<p>In April, BIS said that the <a href=\"https:\/\/forklog.com\/en\/news\/bis-identifies-drivers-of-cbdc-appeal-for-central-banks\">main motivation for developing-country central banks<\/a> studying CBDC deployment was the improvement of payment-system efficiency. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nine in ten central banks worldwide are studying CBDCs, with regulators favouring projects aimed at retail use cases, according to a BIS study.<\/p>\n","protected":false},"author":1,"featured_media":61099,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1430,1095],"class_list":["post-61098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bis","tag-cbdc"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61098","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=61098"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61098\/revisions"}],"predecessor-version":[{"id":61100,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/61098\/revisions\/61100"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/61099"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=61098"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=61098"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=61098"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}