LONDON, July 26 (Reuters) - The most comprehensive survey of the global investment industry on central bank digital currencies to date has shown both limited support and a lack of understanding of how a digital dollar, euro, yen or pound would work.
The survey carried out by the CFA Institute, a worldwide association for bankers, investors and finance chiefs, found that only 42% of the more than 4,150 respondents who took part believed that central bank digital currencies, or CBDCs, should be launched.
Only 37% of respondents from developed markets said they favoured a CBDC versus 61% from emerging markets.
Data privacy was also a major concern for 64% of respondents in developed markets and 57% in developing economies.
Less than a quarter of respondents under 30 opposed them, the survey found, compared with 37% among those over 55.
Persons:
Olivier Fines, Andrew Bailey, Marc Jones, Leslie Adler
Organizations:
CFA Institute, CFA, European Union, People's Bank of, Bank of England, CBDCs, Thomson
Locations:
Bahamas, Nigeria, United States, Canada, United Kingdom, China, People's Bank of China, India, Central