Number of Central Banks Involved in CBDC Projects Almost Doubles Year-On-Year - BIS Report

A rising number of central banks globally have the legal authority to issue central bank digital currencies (CBDCs), and, compared with a year earlier, the share of central banks which are currently developing a CBDC or running a pilot nearly doubled from 14% to 26%, according to a new report by the Bank for International Settlements (BIS) The report found that some 62% of central banks are running related experiments or proofs-of-concept....Read More: Number of Central Banks Involved in CBDC Projects Almost Doubles Year-On-Year - BIS Report