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BIS survey reveals global advance of CBDCs

View of the Bank of Settlement Tower in Switzerland
Bank of Settlement Tower, Switzerland. Photo: Harold Cunningham/Getty Images

Survey found that most central banks are exploring CBDCs and more than half are conducting concrete experiments or working on a pilot.

Bank of International Settlements (BIS) recently surveyed 86 central banks on their views and plans regarding central bank digital currencies (CBDCs). The jurisdictions of the responding central banks represent 82% of the world’s population and 94% of global economic output. Twenty-eight respondents are in advanced economies (AEs) and 58 are

The BIS paper