CBDC job heats up, but few initiatives transfer previous pilot stage

CBDC job heats up, but few projects transfer previous pilot stage

Government-issued digital currency looks to be a thought whose time has near.

“Extra than half of of the arena’s central banks are with out a doubt growing digital currencies or running concrete experiments on them,” reported the Monetary institution for World Settlements, or BIS, in early Would maybe well even just — one thing that may were unthinkable simplest just a few years ago.

<em>Riksbankshuset, the headquarters of the Swedish Nationwide Monetary institution in Stockholm. Source: Arild V&aring;gen</em>

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