
If you’re following innovations in finance and cryptocurrency, you might have heard an inordinate amount of buzz around the concept of Central Bank Digital Currencies (CBDC). But it’s sometimes quite difficult to understand which central banks are furthest along in creating a CBDC and what the key design principles they are considering. The objective of this post is to introduce the key principles of retail CBDC and share some concrete examples of how different central banks around the world plan to implement the technology.
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