Lipsky, who previously served as an adviser at the International Monetary Fund (IMF), said those investigating the use of a CBDC includes South Korea, Japan and India, in addition to China, which currently leads the way in pilot testing efforts. China is said to have about 250 million registered digital wallets using its digital yuan.
Related posts
-
Yao Qian, Former-Head of China’s Digital Yuan CBDC Effort, Faces Government Probe: Report
“Yao Qian, Director of the Science and Technology Supervision Department and Director of the Information Center... -
Reserve Bank of New Zealand Starts Consultation on CBDC Digital Cash
New Zealand’s CBDC is undergoing a multi-stage and multi-year process, and the country has not decided... -
U.S. Senator expresses CBDC concerns, supports Bitcoin
U.S. Senator Marsha Blackburn highlighted the personal privacy and government surveillance risks of Central Bank Digital...