‘Digital rupiah’ won’t cut out banks, fintech, BI claims

Bank Indonesia (BI) has said its plans to establish a central bank digital currency (CBDC) will not disrupt existing banking and digital payment systems, as it seeks to elbow out cryptocurrencies and pave the way for cooperation with other monetary authorities.

‘Digital rupiah’ won’t cut out banks, fintech, BI claims
Bank Indonesia (BI) has said its plans to establish a central bank digital currency (CBDC) will not disrupt existing banking and digital payment systems, as it seeks to elbow out cryptocurrencies and pave the way for cooperation with other monetary authorities.

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