New report by EBA explores future requirements for new forms of digital money
The Euro Banking Association (EBA) today released a new report by its Digital Currencies & Smart Payments Working Group.
“Re-inventing money: Considerations on future requirements for new forms of digital money” explores future requirements for new forms of digital money with a focus on its use for corporate customers.
The report investigates how technological innovations are transforming not only the banking industry at large, but money itself. Distributed Ledger Technology (DLT) is at the heart of this transformation but continues to pose challenges for financial institutions and their corporate customers.