Bank for International Settlements: Some Central Banks Are Open to Visitors Using Their CBDC

According to CoinDesk on June 15, the Bank for International Settlements (BIS) released a survey of the likelihood of cross-border use of central bank digital currencies (CBDCs) based on 50 central banks. About two-thirds of them are already conducting CBDC trials and pilots, the BIS said. The BIS wrote: “Some central banks are open to allowing visitors and other non-residents to use CBDC in their own jurisdictions.” The BIS reiterated that “CBDC can be used as a means of payment for visitors to a particular currency area or even an entire non-monetary area.”