No central bank has launched a retail CBDC since early 2022 (Jamaica’s JAM-DEX) and there is no sign of an imminent launch in early 2024, except the Eastern Caribbean Central Bank’s DCash which has been in its pilot phase since 2021).
Are G20 central banks doing CBDC research?
Nevertheless, the levels of interest and the rigor of analysis undertaken by central banks continues to increase, and almost every G20 central bank is in advanced stages of retail CBDC research.
Will there be a CBDC in May 2020?
The level of interest has grown quickly. Just 35 countries developed an interest in the possibility of having a CBDC in May 2020. It is easy to confuse a CBDC and cryptocurrency but they aren’t the same. A U.S. CBDC will be centralized and under the purview of the Federal Reserve, the U.S. central bank.
