Central bankers globally have divergent views on whether the emergence of crypto assets led to an acceleration in CBDC projects. Majority of central banks have largely characterized the use of crypto assets in their jurisdictions – both in relation to domestic payments and cross-border payments – as ‘use by niche groups’ and ‘trivial or no use’. By Director- Public Policy Arjun Goswami and Senior Associate Ganesh Gopalakrishnan. (Photo Credit: The Economic Times)
