On October 24, at the 3rd Bund Financial Summit hosted by the China Financial Forty Forum (CF40), Bank for International Settlements President Agustín Carstens pointed out that only the central bank digital currency has the highest possible value. Reliability, and only central bank digital currency can have central bank-level institutional support.
Issuing central bank digital currency is not simple, it must be impeccable, to ensure that there are no problems in various operations, and the system must not be down, so it is also extremely difficult. From the distribution of the central bank’s digital currency to its use in society is also very complicated, and its relationship with other payment methods is also very important.