Birdwatch Note Rating
2024-06-13 14:38:12 UTC - HELPFUL
Rated by Participant: 27A8226DE26E983184C43B6AF783365B212FE02286AB00234093762D4BCD8E25
Participant Details
Original Note:
Central banks are actively analyzing CBDC designs to mitigate risks while providing benefits like increased payment efficiency and financial inclusion. Banks would still be able to create deposits and loans on top of reserves/CBDC held at the central bank, as they do currently https://www.imf.org/en/Blogs/Articles/2019/12/12/central-bank-digital-currencies-4-questions-and-answers
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