Central Banks Are Not Issuing Digital Currency Soon


The majority of central banks around the world are considering issuing central bank digital currencies (CBDC), but not in the short term.  In a Bank for International Settlement report, Proceeding with caution- a survey on central bank digital currency,  released today, survey results show that, “although a majority of central banks are researching CBDCs, this work is primarily conceptual and only a few intend to issue a CBDC in the short to medium term.” Over 85% of central banks see themselves as either somewhat unlikely or very unlikely to issue any type of CBDC. Read more

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