{"id":15738,"date":"2021-02-01T11:45:23","date_gmt":"2021-02-01T11:45:23","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=15738"},"modified":"2021-02-01T11:45:23","modified_gmt":"2021-02-01T11:45:23","slug":"are-central-bank-digital-currencies-a-go-around-the-world","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/are-central-bank-digital-currencies-a-go-around-the-world\/","title":{"rendered":"Are Central Bank Digital Currencies a Go Around the World?"},"content":{"rendered":"<p>he Bank for International Settlements (BIS) recently conducted a study on central bank digital currencies (CBDCs), finding that 86% of central banks worldwide are exploring the benefits and drawbacks of CBDCs. As the COVID-19 pandemic continues to push this exploration, some central banks are moving into more advanced stages of CBDC engagement, progressing from conceptual research to practical experimentation. This is especially important in emerging markets and developing economies, where central banks have stronger motivations such as increased financial inclusion and payment efficiency objectives. It is important to note that, while we see front-runners like the Bahamas actively launching solutions (at least in pilot phases), many central banks seem to be more caution in their explorations and remain unlikely to issue CBDCs in the foreseeable future.<\/p>\n<p>Explore this in greater detail in this insightful <a href=\"https:\/\/www.bis.org\/publ\/bppdf\/bispap114.pdf\">BIS special report<\/a>.<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-15738 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='British &#8220;neobank&#8221; Revolut expands to include cryptocurrencies'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/british-neobank-revolut-expands-to-include-cryptocurrencies\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/12\/38558-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-7386\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-7386'>\n\t\t\t\tBritish &#8220;neobank&#8221; Revolut expands to include cryptocurrencies\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='A New Age of Digital Assets: Deloitte\u2019s 2021 Global Blockchain Survey'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/a-new-age-of-digital-assets-deloitte-s-2021-global-blockchain-survey\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2021\/09\/be9bc82f-ef2e-a7df-b4dd-36c3cd63f1c51-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16251\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16251'>\n\t\t\t\tA New Age of Digital Assets: Deloitte\u2019s 2021 Global Blockchain Survey\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='The ultimate winners of open banking'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/the-ultimate-winners-of-open-banking\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2019\/06\/the-beginning-of-the-open-banking-era-in-the-uk-1-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-13055\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-13055'>\n\t\t\t\tThe ultimate winners of open banking\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>he Bank for International Settlements (BIS) recently conducted a study on central bank digital currencies (CBDCs), finding that 86% of central banks worldwide are exploring the benefits and drawbacks of CBDCs. As the COVID-19 pandemic continues to push this exploration, some central banks are moving into more advanced stages of CBDC engagement, progressing from conceptual &hellip;<\/p>\n","protected":false},"author":12,"featured_media":15726,"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\/15738"}],"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=15738"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/15738\/revisions"}],"predecessor-version":[{"id":15739,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/15738\/revisions\/15739"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/15726"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=15738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=15738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=15738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}