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This month El Salvador recognized bitcoin as legal tender. ¿Could bitcoin be a currency in which everyday transactions such as going to the supermarket, paying rent, or making investments are carried out?
The BIS, the ECB and the BoJ have published guidelines on the development of potential digital currencies. Monetary authorities are wary of a foreign—or poorly regulated—digital currency suddenly dominating the domestic means of payment. A CBDC would be one of the possible solutions to confront such a threat.
The objectives of the proposals are: a) to deepen both the banking sector and the stock market, b) to have more efficient payment metods for the population and, c) in general, to make more efficient the task of capturing and promoting savings, …
