Wholesale digital currencies, which would be restricted to specific tasks, such as interbank payments, are seen as the most likely usage for such currencies initially by central banks. Photo: Bloomberg

Cryptocurrency has little prospect of wholesale use in the next three years, most global central banks say in a BIS survey

  • Most central banks are examining potential usages of digital currencies
  • Vast majority do not expect to issue their own digital currencies in the short term
Topic |   Digital currencies

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Wholesale digital currencies, which would be restricted to specific tasks, such as interbank payments, are seen as the most likely usage for such currencies initially by central banks. Photo: Bloomberg
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