{"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='7 Payment Predictions for 2022'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/7-payment-predictions-for-2022\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/12\/9faf8f3b-4e74-1a11-82eb-cc9b448e27021-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-16538\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16538'>\n\t\t\t\t7 Payment Predictions for 2022\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Israel: the global cybersecurity solutions leader'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/israel-the-global-cybersecurity-solutions-leader\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/11\/israel-the-global-cybersecurity-solutions-leader-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-11586\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-11586'>\n\t\t\t\tIsrael: the global cybersecurity solutions leader\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='FinTech lenders\u2019 difficulties in the current pandemic'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/fintech-lenders-difficulties-in-the-current-pandemic\/'><img loading=\"lazy\" decoding=\"async\" width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/05\/960x0-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" aria-describedby=\"rpbt-related-gallery-1-14936\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-14936'>\n\t\t\t\tFinTech lenders\u2019 difficulties in the current pandemic\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":[],"class_list":["post-15453","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-fintech","category-international-fintech","bulletin_edition-10_october","bulletin_edition-fintech-2020","b_post_type-the-fintech-world"],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/15453","targetHints":{"allow":["GET"]}}],"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}]}}