According to the Bank for International Settlements, offline payments with CBDC raise new risks related to counterfeiting, fraud and privacy concerns.
BIS issues comprehensive paper on offline CBDC payments
Comment
Recommend Reading
- 2023-05-11
Do Kwon's lawyers propose $436K bail as authorities prepare for June trial
- 2023-05-11
How the IRS seized $10B worth of crypto using blockchain analytics
- 2023-05-11
Cryptocurrency trading addiction: What to look out for and how it is treated
- 2023-05-11
EU draft AI Act updated with public facial recognition ban
- 2023-05-11
Buying a car with Bitcoin gets $3.7M fine, prison time in Morocco
- 2023-05-11
Binance looks to the UK for regulation amid US crypto crackdown