Central banks have the most significant mandate to issue a digital currency, according to the results of our global opinion poll on trust in payments institutions and payment preferences. Across a sample of 13,000 respondents, central banks were one of only three institutions in whose potential digital currency offering individuals placed positive net confidence, the others being payments service providers and commercial banks. Major internet technology companies were widely distrusted to issue digital money, an important finding in the context of Facebook’s ongoing attempts to launch Libra and growing discourse on central banks digital currencies.

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