CBDCs Gain Momentum: 130 Countries Now On The Runway

As digital currencies such as CBDCs begin to take a more pivotal role in the global economy, recent studies indicate an increase in their adoption rate among the world’s economies. Currently, 130 countries, which make up 98% of the global economy, are investigating the potential of digital versions of their currencies, with almost half progressing…

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Bank of England-Backed Project: CBDCs Could Enable ‘Programmability’ for Money

The ‘Project Rosalind’ software trial found that central bank digital currencies could enable smart contract-like features for transactions. By Alys Key Jun 19, 2023 While central bank digital currencies (CBDCs) are becoming a hot-button political topic in the U.S., central bankers on the other side of the Atlantic have been looking into what uses the technology actually…

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