90 Percent of Nations Planning Central Bank Digital Currencies: Report

90 Percent of Nations Planning Central Bank Digital Currencies: Report
In this photo illustration, a visual representation of bitcoin cryptocurrency is pictured in London on May 30, 2021. Edward Smith/Getty Images
Katabella Roberts
Updated:
Nearly 90 percent of national central banks are planning to launch their own central bank digital currencies (CBDC) to the general public, according to a new report (pdf) from the Bank of International Settlements (BIS).

BIS surveyed 81 central banks in fall 2021 regarding their engagement in CBDC work as well as their motivations and their intentions regarding CBDC issuance.

Katabella Roberts
Katabella Roberts
Author
Katabella Roberts is a news writer for The Epoch Times, focusing primarily on the United States, world, and business news.
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