Weekend crypto research: There are now a total of 43 CBDC projects in the research stage, 24 in active development, and 15 being pilot tested. Read more to know about the currently situation of CBDCs 👇
Sweden is already testing its CBDC, the e-kronaof a CBDC, known as the e-krona, in February 2020. If issued, it would give the general public “access to a digital complement to cash,” in the words of the country’s central bank, Sveriges Riksbank.
Alongside the sharp decline in cash circulation in Sweden, Riksbank governor Stefan Ingves has pointed to the unveiling of In addition, Phase 2 investigated the use of a tokenized baht for interbank bond trading and interbank repos . The BoT has also assessed the project from the perspective of regulatory compliance and data reconciliation for third party funds transfer.
Overall, the central bank believes a digital baht will reduce the operational costs of financial transactions, but remains wary of stability risks, as well as the potential threat of private sector digital currencies like Facebook’s Libra.The National Bank of Ukraine released a
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