Central Bank Innovation needs A Modern Sandbox Approach. For us that means standard review process, regulatory clarity and regional harmonization
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Central Banks and Innovation are terms not often mentioned together. Because of that, we’re witnessing viable threats of disruption to their role as owners and architects of their country’s payments infrastructure.
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Central Banks and Innovation are terms not often mentioned together. However, in order to stay relevant and maintain their independence, financial market regulators around the world might have no choice.
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US, China, UK, and Canada are working on tokenizing reserves, while there are still 1.7B people who still don’t have access to basic and efficient financial services. Ironically, the research those countries have done validated that emerging markets stand to benefit the most from central bank digital currencies.
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