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Indonesia Plans Wholesale Digital Currency to Improve Transfers.

Authors :
Sihombing, Grace
Yung, Chester
Source :
Bloomberg.com; 7/21/2022, pN.PAG-N.PAG, 1p
Publication Year :
2022

Abstract

(Bloomberg) -- Indonesia's central bank is on track to issue its own digital currency for banks to use, while considering ways to ensure it would be exchangeable across borders. The central bank will distribute the digital currency to large banks and payment service companies to sell to smaller banks for various retail transactions. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
158115468