Opinion: Central Bank Digital Currencies for the People

Photo appears at Project Syndicate in the op-ed titled "CBDCs for the People", co-authored by UNSGSA Queen Máxima and BIS General Manager Agustín Carstens.

H.M. Queen Máxima of the Netherlands, the United Nations Secretary-General’s Special Advocate for Inclusive Finance for Development (UNSGSA), and General Manager of the Bank for International Settlements Agustín Carstens co-authored an op-ed titled "CBDCs for the People", published today at Project Syndicate. 

"Central banks around the world are considering whether to issue their own digital currencies. While financial inclusion is often cited as a key motivation, this outcome is not automatic. Precisely how can central bank digital currencies (CBDCs) be designed and implemented to ensure that “unbanked” people have access to essential financial services?" ...

To read the full op-ed, please visit Project Syndicate by clicking here.