Pakistan’s central bank is ‘carefully studying’ CBDCs, says governor

Cointelegraph

Published Apr 09, 2021 08:46AM ET

Updated Apr 10, 2021 10:40AM ET

The governor of the State Bank of Pakistan, Reza Baqir, has indicated that the institution is carefully studying the possibilities opened by central bank digital currencies.

In an interview with CNN reporter Julia Chatterley on Thursday, Baqir noted that countries, such as China, are “already showing the way” when it comes to CBDC issuance, further outlining the motivations behind the central bank’s interest in CBDCs:

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