Skip to Primary Navigation

Skip to main content

Bank of America praises CBDCs but experts remain divided

Photo: Getty Images

Carmen Cracknell

1 min read
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

In a research report this week picked up by Coindesk, the Bank of America called CBDCs and stablecoins “the natural evolution of money and payments”.

Experts continue to voice widely divergent views on the security and effectiveness of Central Bank Digital Currencies (CBDCs).

“CBDCs do not change the definition of money, but will likely change how and when value is transferred over the next 15 years,” Bank of America analysts led by Alkesh Shah said,

The

, , , , , ,

Get full access, free for a month

Start your 28-day free trial to continue reading and access
all content on GRIP – no payment details required.

Start free trial Sign in

What’s included:

  • Every new article, plus our 5,000+ archive
  • Daily regulatory insight and guidance
  • Exclusive interviews and in-depth analysis
  • Coverage of industry-leading events and conferences
  • All podcasts and videos, featuring industry experts
  • The full set of Rules Navigator tools
  • An ad-free experience