G20 report on central bank digital currencies and cross-border payments
News BIS-CPMI, BIS Innovation Hub, the World Bank and the IMF have at the request of the G20 written a report investigating whether central bank digital currencies can facilitate access to fast and easily accessible cross-border and cross-currency payments.
The work on producing the report was led by First Deputy Governor Cecilia Skingsley. The conclusions in the report are that cross-border and cross-currency payments can be facilitated on condition that countries cooperate on issues such as interoperability, regulations and which macrofinancial consequences might arise if countries introduce central bank digital currencies.
Contact: Press Office, tel. +46 8-7870200
Updated 09/07/2021