---
title: "Central banks must revise business model, embrace CBDCs — ECB member"
url: https://diffcoin.com/central-banks-must-revise-business-model-embrace-cbdcs-ecb-member/
description: "Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation Summit.…"
published: 2024-05-06
updated: 2024-05-06
author: "Mila"
site: "Diffcoin"
---

# Central banks must revise business model, embrace CBDCs — ECB member

Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation Summit.

[Source link](https://cointelegraph.com/news/central-banks-revise-business-model-embrace-cbdc-ecb-member)