HSBC working with 8 countries in backing CBDCs
HSBC Group CEO Noel Quinn struck a positive note about CBDCs and how the technology could be used by governments in issuing digital currencies.
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BIS wants central banks to move faster with CBDC amid looming stablecoin pressure
The head of the Bank for International Settlements has asked central banks to step up their efforts with CBDCs as they face a threat from stablecoins and DeFi.