THELOGICALINDIAN - Eightyone countries are now exploring axial coffer agenda currencies CBDCs according to a new tracker This cardinal is 46 added countries than the cardinal in May aftermost year In accession bristles countries accept absolutely launched their own agenda currencies
81 Central Banks Explore Launching Own Digital Currencies
The Atlantic Council’s Geoeconomics Center apparent a new axial coffer agenda bill (CBDC) tracker featuring an alternate database aftermost week.
The Geoeconomics Center declared itself as “a detached alignment that galvanizes U.S. administration and assurance in the world, in affiliation with allies and partners, to appearance solutions to all-around challenges,” its website states.
The aboriginal adaptation of the CBDC tracker, launched in April aftermost year, has been acclimated by the U.S. Federal Reserve and the Bank of International Settlements (BIS), the centermost claims, abacus that according to the new tracker:
The centermost acclaimed that “Of the countries with the 4 better axial banks (the U.S. Federal Reserve, the European Axial Bank, the Bank of Japan, and the Bank of England), the United States is extreme behind” in developing a state-backed agenda currency.
Federal Reserve Administrator Jerome Powell said in February that the agenda dollar was a “very aerial priority” for the Fed. However, he emphasized the charge to “get it right,” instead of hasty to barrage a agenda dollar, decidedly to attempt with China’s agenda yuan. Nonetheless, the administrator afresh said, “you wouldn’t charge stablecoins, you wouldn’t charge cryptocurrencies if you had a agenda U.S. currency. I anticipate that’s one of the stronger arguments in its favor.”
Meanwhile, “5 countries accept now absolutely launched a agenda currency,” the Geoeconomics Center added. They are the Bahamas, Saint Kitts and Nevis, Antigua and Barbuda, Saint Lucia, and Grenada.
The centermost added abundant that “14 added countries, including above economies like Sweden and South Korea, are now in the pilot date with their CBDCs and advancing a accessible abounding launch.”
Josh Lipsky, Director of the Geoeconomics Center and above chief adviser at the International Monetary Fund (IMF), commented:
What do you anticipate about 81 axial banks exploring their own agenda currencies? Let us apperceive in the comments area below.
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