1.5 Billion People Might Have CBDC in Their Wallets in 3 Years

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1.5 Billion People Might Have CBDC in Their Wallets in 3 Years

Source: iStock/Asia-Pacific Images Studio
Around 7 undisclosed central banks, representing 20% of the world’s population, are likely to launch central bank digital currencies (CBDCs) in 3 years, a new survey by the Bank for International Settlements (BIS), showed.
While these banks remain unidentified, the BIS claims that having stronger motivations, emerging market economies (EMEs) central  Read more »
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