Central banks to discuss digital currencies in April

Interim report of the group will be ready in June.
Leaders of six major central banks exploring the possibilities of digital currencies are considering holding their first joint meeting on this subject in mid-April in Washington.

The European Central Bank, as well as the central banks of Great Britain, Japan, Canada, Sweden and Switzerland, intend at this meeting to share their findings in order to consider the issue of digital currencies amid growing debates about the future of money.

The leaders of the six central banks and the Bank for International Settlements will meet in April to discuss ways to optimize cross-border settlements and security issues that need to be addressed if central banks issue digital currencies in the future. So the purpose of the meeting is indicated in a document published by banks.

Referring to the Nikkei publication, the source claims that the group’s interim report will be ready in June, and the final report this fall.

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