new report from the Bank of International Settlements estimates that up to 90% of national central banks are at least in the planning stages for launching a central bank digital currency (CBDC):
Nine out of 10 central banks are exploring central bank digital currencies (CBDCs), and more than half are now developing them or running concrete experiments. In particular, work on retail CBDCs has moved to more advanced stages
This echoes a March report from the IMF, which claimed over one hundred nations are at least in the planning stages of releasing their own CBDC.
You can read the entire IMF report here, or a summary published by Bloomberg here.
It seems programs of government-issued digital money have been gaining momentum all around the world since at least 2020, and apparently, now they exist in over half the countries on the planet.
The newest of these – Brazil and Namibia – announced their plans only last month.
Read more: REPORT: “90% of nations planning Central Bank Digital Currency “