The Global Status of CBDCs in 2022

What are Central Bank Digital Currencies (CBDCs)?

Advantages of CBDCs

Disadvantages of CBDCs

  • the ability of government’s to easily turn off financial access to dissidents and those deemed undesirables
  • diminished privacy compared to cash
  • interoperability challenges that may arise as a multitude of CBDCs develop worldwide.

An Overview of CBDC Implementation by Country

United States

China

European Union

India

Brazil

United Kingdom

Russia

Ukraine

Eastern Caribbean

Bahamas

Nigeria

Jamaica

Conclusion

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