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130 Countries Exploring Central Bnk Digital Currencies
The digital revolution has extended its reach to the very core of global economies, with central banks worldwide actively exploring the implementation of Central Bank Digital Currencies (CBDCs). In a groundbreaking study conducted by the U.S.-based Atlantic Council think tank, it has been revealed that 130 countries, representing a staggering 98% of the global economy, are delving into the realm of digital currencies. This article provides an in-depth look at the advancements in CBDC adoption, highlighting the progress made by numerous nations as they venture into the future of monetary systems.
The Global Surge in CBDC Exploration
With nearly half of the countries currently in advanced development, pilot, or launch stages, the Atlantic Council study highlights the widespread enthusiasm for CBDCs. Notably, all G20 countries, except for Argentina, have made significant strides in exploring this transformative technology. This global push for digital currencies demonstrates the potential for a paradigm shift in monetary systems worldwide.
Pioneering Nations: CBDCs Already in Circulation
Eleven countries have already taken the leap and successfully launched their CBDCs, marking a significant milestone in the digital…
