134 countries, including all G20 nations, explore central bank digital currencies (CBDCs), with 44 currently piloting them.
A report by the Atlantic Council reveals that 134 countries, covering 98% of the global economy, are exploring central bank digital currencies (CBDCs). All G20 nations are investigating CBDCs, with 44 countries currently piloting them, up from 36 last year. Notable advancements include China's e-CNY, which has seen a substantial increase in transactions. The U.S. is participating in a cross-border CBDC project with six other central banks, amid rising concerns over cash usage and cryptocurrency competition.
September 17, 2024
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