CBDCs (Central Bank Digital Currency) — Yes or No.
18 Aug 2023, 09:08
CBDCs (Central Bank Digital Currency) — Yes or No?
As cryptocurrencies and stablecoins have become more popular, the world’s central banks have realized that they need to provide an alternative—or let the future of money pass them by.
✔️ 130 countries, representing 98 percent of global GDP, are exploring a CBDC
✔️ 19 of the G20 countries are now in the advanced stage of CBDC development
✔️ 11 countries have fully launched a digital currency
✔️ The European Central Bank is on track to begin its pilot for the digital euro
✔️ The Bank of England and the Bank of Japan are developing CBDC prototypes
In this new article on FXstreet, our CCO Andrey Diyakonov delves into the concept of CBDCs, their potential impact on the market.
Does your country support CBDC or have any plans for its development?
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18 Aug 2023, 09:15
As #crypto and #stablecoins have become more popular, the world’s central banks have realized that they need to provide an alternative—or let the future of #money pass them by.
👉
Does your country support #CBDC or have any plans for its development?
As #crypto and #stablecoins have become more popular, the world's central banks have realized that they need to provide an alter
As #crypto and #stablecoins have become more popular, the world’s central banks have realized that they need to provide an alternative—or let the future of #money pass them by.
👉 https://t.co/eO8ZnZMaRd
Does your country support #CBDC or have any plans for its development?