BIS Innovation Hub work on central bank digital currency (CBDC)
Interest in CBDC has grown in response to changes in payments, finance and technology, as well as the disruption caused by Covid-19. A 2021 BIS survey of central banks found that 86% are actively researching the potential for CBDCs, 60% were experimenting with the technology and 14% were deploying pilot projects.
The "Innovation and fintech" pages gather the various strands of work produced by the BIS, its hosted committees and its stakeholders on the implications of emerging technologies for the financial sector and the wider economy.