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Central Bank Digital Currencies (CBDCs) – a global perspective

Since the beginning of 2023, the majority of central banks around the world have actively begun exploring or developing CBDC initiatives

27 novembre 2023

Ashutosh Chauhan

Principal Consultant

Temps de lecture

Minutes

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This blog examines the progress of Central Bank Digital Currencies (CBDCs) worldwide and the likelihood of their implementation on a global basis in the near future.

Since the beginning of 2023, the majority of central banks around the world have actively begun exploring or developing CBDC initiatives, with notable progress observed in large economies such as China, India and across Europe. However, several challenges exist, ranging from technological and regulatory hurdles to meet economic considerations and public adoption are hindering the seamless development and integration of CBDCs more widely.