Cœuré and Cunliffe to lead research group on CBDCs

Six central banks and BIS will explore use cases and share knowledge

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Benoît Cœuré: recently became head of BIS’s Basel-based innovation hub

Benoît Cœuré and Jon Cunliffe are to lead a research group tasked with investigating the case for creating central bank digital currencies (CBDCs).

Cœuré, who recently took up his post as head of the Bank for International Settlements’ Basel-based innovation hub, and Cunliffe, who is the Bank of England’s deputy governor for financial stability, will jointly chair the group.

Members include the BoE, BIS, Bank of Canada, Bank of Japan, European Central Bank, Sveriges Riksbank and Swiss National

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