Central Banks, Private Sector Urge Digital Currency Collaboration

Financial regulators in the AFI network and knowledge exchange partners from the private sector encouraged closer ties to support global growth in central bank digital currencies (CBDC) as a means of accelerating financial inclusion among last mile groups, speakers said on the second day of AFI’s Policy Leadership Dialogue on 29 September.

Key stakeholders representing a broad spectrum of financial market players – from central banks to international payment platforms – used the one-of-a-kind event to encourage continued dialogue and greater understanding of CBDCs, given the infancy of the niche market product and its enormous potential.