A Bank for International Settlements (BIS) survey of 66 central banks found that 80 percent were working on a CBDC in some capacity, and “central banks representing a fifth of the world’s population say they are likely to issue the first CBDCs in the next few years.” Perhaps one of the first will be a digital yuan, as China has been working on various projects in the area since 2014 and there are many rumors of it being launched soon.
Continue reading: https://www.trulioo.com/blog/central-bank-digital-currencies/
