{"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='Russian banks\u2019 tentative start with open APIs'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/russian-banks-tentative-start-with-open-apis\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/06\/russian-banks-tentative-start-with-open-apis-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-12905\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-12905'>\n\t\t\t\tRussian banks\u2019 tentative start with open APIs\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Credit scoring using Big Data'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/credit-scoring-using-big-data\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Credit-scoring-using-Big-Data-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-7037\" loading=\"lazy\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Credit-scoring-using-Big-Data-150x150.jpg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Credit-scoring-using-Big-Data-100x100.jpg 100w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-7037'>\n\t\t\t\tCredit scoring using Big Data\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='The Impact of the War on Fintechs'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-impact-of-the-war-on-fintechs\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2022\/06\/2c7f4534-4c36-eb53-405c-5c230e12cfeb1-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16698\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16698'>\n\t\t\t\tThe Impact of the War on Fintechs\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}]}}