130 Countries Are ‘Exploring’ Central Bank Digital Currencies, Report Says

130 Countries Are ‘Exploring’ Central Bank Digital Currencies, Report Says
A sign for China's new digital currency, electronic Chinese yuan (e-CNY) is displayed at a shopping mall in Shanghai on March 8, 2021. STR/AFP via Getty Images
Bill Pan
Updated:
0:00

Nearly two-thirds of the countries in the world are now “exploring” central bank digital currencies (CBDC) at one level or another, according to a new report.

The report, published on June 28 by Washington-based think tank Atlantic Council, revealed that a total of 130 countries—representing 98 percent of the global economy—are taking steps to convert their central bank money into digital form. That’s a dramatic increase from two years ago, when there were just 35 countries considering a CBDC.

Bill Pan
Bill Pan
Reporter
Bill Pan is an Epoch Times reporter covering education issues and New York news.
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