December 2, 2022

Bobbys Brane

Bobbys Brane – Business & Tech Blog

Some central banks have dropped out of the digital currency race By Cointelegraph

1 min read


Some central banks have dropped out of the digital currency race

As countries around the world race to launch a central bank digital currency (CBDC), some jurisdictions have slowed down or dropped out of the race altogether.

While many observers were pushing a narrative of urgency around CBDCs, some countries have decided that launching a CBDC isn’t currently necessary, while others have tested CBDCs only to dismiss them.

The Avant smart card. Source: The Bank of Finland.

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