Central Bank Digital Currencies
We are delighted to have been appointed advisors to AtCash on regulatory matters. AtCash (US, UAE) consults on and develops decentralised ledger technology (DLT) and digital (fiat) currencies for central banks and financial institutions in Middle East, Asia and Africa. We believe in the potential of these technologies to expedite settlement and reduce reconciliation costs in wholesale and retail banking and, importantly, to “include” populations currently underserved by commercial banks. An informative paper by the Bank for International Settlements on digital (fiat) currencies can be found: here.