{"id":16052,"date":"2021-05-24T12:51:38","date_gmt":"2021-05-24T12:51:38","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=16052"},"modified":"2021-05-24T12:51:38","modified_gmt":"2021-05-24T12:51:38","slug":"bison-trails-report-highlights-global-move-toward-cbdcs","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/bison-trails-report-highlights-global-move-toward-cbdcs\/","title":{"rendered":"Bison Trails Report Highlights Global Move Toward CBDCs"},"content":{"rendered":"<p>The potential launch of private cryptocurrencies has served to motivate central banks around the world to develop their own central bank digital currencies (CBDCs). In fact, a recent report from Bison Trails (a blockchain infrastructure platform) indicates that 80% of central banks are currently exploring use cases involving CBDCs, with 40% already testing proof-of-concept programs. This shows a clear trend that CBDCs are moving toward global implementation.<\/p>\n<p>Presently, China appears to be the front-runner for launching the world\u2019s first CBDC. The People\u2019s Bank of China (China\u2019s central bank) is currently testing its digital yuan with commercial institutions and the public.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-16052 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='PayPal&#8217;s Stablecoin Launch Could End the Crypto Winter'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/paypals-stablecoin-launch-could-end-the-crypto-winter\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2023\/08\/c8eeab1e-b317-a467-770a-e79e33da5b021-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-17269\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-17269'>\n\t\t\t\tPayPal&#8217;s Stablecoin Launch Could End the Crypto Winter\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Japanese banks rushing to develop cashless options'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/japanese-banks-rushing-to-develop-cashless-options\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/pexels-photo-427747-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-9554\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-9554'>\n\t\t\t\tJapanese banks rushing to develop cashless options\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Kazakhstan, the second country in the world to regulate cryptocurrencies'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/kazakhstan-the-second-country-in-the-world-to-regulate-cryptocurrencies\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Kazakhstan-the-second-country-in-the-world-to-regulate-cryptocurrencies-150x150.jpeg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-6865\" loading=\"lazy\" srcset=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Kazakhstan-the-second-country-in-the-world-to-regulate-cryptocurrencies-150x150.jpeg 150w, https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/11\/Kazakhstan-the-second-country-in-the-world-to-regulate-cryptocurrencies-100x100.jpeg 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-1-6865'>\n\t\t\t\tKazakhstan, the second country in the world to regulate cryptocurrencies\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>The potential launch of private cryptocurrencies has served to motivate central banks around the world to develop their own central bank digital currencies (CBDCs). In fact, a recent report from Bison Trails (a blockchain infrastructure platform) indicates that 80% of central banks are currently exploring use cases involving CBDCs, with 40% already testing proof-of-concept programs. &hellip;<\/p>\n","protected":false},"author":12,"featured_media":16041,"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\/16052"}],"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=16052"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16052\/revisions"}],"predecessor-version":[{"id":16053,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/16052\/revisions\/16053"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/16041"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=16052"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=16052"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=16052"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}