Central bank digital currency momentum growing


Research by the US-based Atlantic Council think-tank showed that all G20 nations are now looking into central bank digital currencies and that 44 countries are piloting them. — Reuters

LONDON: A total of 134 countries representing 98% of the global economy are now exploring digital versions of their currencies, with almost half at an advanced stage and pioneers like China, the Bahamas and Nigeria starting to see a pick up in usage.

Research by the US-based Atlantic Council think-tank published yesterday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) and that 44 countries are piloting them.

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