{"id":15453,"date":"2020-10-23T13:54:37","date_gmt":"2020-10-23T13:54:37","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=15453"},"modified":"2020-10-23T13:54:37","modified_gmt":"2020-10-23T13:54:37","slug":"central-bank-digital-currency-projects-aim-to-complement-cash-not-replace-it","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/central-bank-digital-currency-projects-aim-to-complement-cash-not-replace-it\/","title":{"rendered":"Central bank digital currency projects aim to complement cash, not replace it"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">New research recently published by the Bank for International Settlements (BIS) includes a detailed analysis of 32 various projects around the world related to the design, development and launch of central bank-issued digital currencies. Perhaps the most interesting fact unveiled by the research is that none of the 32 projects analyzed were working to replace existing national currencies (i.e. cash), rather they are being designed to complement them. This is especially the case in countries where digital payments are already relatively advanced and the use of cash is declining.<\/span><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-15453 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='Top 8 ways COVID-19 is (and will) impact the payments industry'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/top-8-ways-covid-19-is-and-will-impact-the-payments-industry\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/05\/1162-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-14912\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14912'>\n\t\t\t\tTop 8 ways COVID-19 is (and will) impact the payments industry\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='The biggest investors and beneficiaries of FinTech funding trends'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-biggest-investors-and-beneficiaries-of-fintech-funding-trends\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/01\/the-biggest-investors-and-beneficiaries-of-fintech-funding-trends-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12121\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12121'>\n\t\t\t\tThe biggest investors and beneficiaries of FinTech funding trends\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Central Bank Digital Currencies Likely to Disrupt Financial Systems'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/central-bank-digital-currencies-likely-to-disrupt-financial-systems\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/05\/6dd579c3-b844-2d2e-3273-ebde17b2c8631-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16048\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16048'>\n\t\t\t\tCentral Bank Digital Currencies Likely to Disrupt Financial Systems\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>New research recently published by the Bank for International Settlements (BIS) includes a detailed analysis of 32 various projects around the world related to the design, development and launch of central bank-issued digital currencies. Perhaps the most interesting fact unveiled by the research is that none of the 32 projects analyzed were working to replace &hellip;<\/p>\n","protected":false},"author":12,"featured_media":15454,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/15453"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=15453"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/15453\/revisions"}],"predecessor-version":[{"id":15455,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/15453\/revisions\/15455"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/15454"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=15453"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=15453"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=15453"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}