Commentary

CBDCs are coming. Markets should adjust now

Market infrastructure providers should consider how they might support the inevitable launch of CBDCs

The City should look at central bank digital money like any other payment method
The City should look at central bank digital money like any other payment method Photo: Getty Images

Jennifer O’Rourke is director of innovation strategy and design at DTCC

This year has continued to see countless headlines on the digitisation of financial markets, including the increasing proliferation of cryptocurrencies and, more recently, growing commentary on the progress of central bank digital currencies.

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