BIS economists point out enhancing TradFi with CBDC to entice customers far flung from crypto

BIS economists suggest bettering TradFi with CBDC to plan customers a long way from crypto

Economists at the Bank of International Settlements (BIS) took a look at the risks inherent in the crypto ecosystem and came up with a seemingly novel solution. “Develop an alternative,” they advised in a bulletin released on Jan. 12. What they had in mind was central bank digital currency (CBDC). The authors of the bulletin