(Opinion) The Basel-based Bank for International Settlements (BIS) has announced a blueprint for a new monetary system incorporating digital central bank currencies (CBDCs). While the touted benefits include seamless integration of exchange services and more efficient transactions, this plan could be a harbinger of a dystopian future where an unprecedented level of economic control and […]
Opinion: unveiling the BIS draft for a digital currency future – promise of progress or prelude to privacy peril?
