Deutsche Bank analyst: Coronavirus crisis is an important catalyst for central bank digital currency

Deutsche Bank analyst Marion Laboure expects that the Central Bank Digital Currency (CBDC) may be issued within the next three years. She believes that the coronavirus crisis is an important catalyst for this particular prospect. Most countries discourage the use of cash, mainly because paper money and coins may further spread the new coronavirus. Since the Coronavirus crisis, many places have been looking for other payment methods. But what role the central bank's digital currency will play remains to be determined.