blog_posts: 3838d9b47b
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id | createdDate | title | link | postExcerpt | featuredImageUrl | hash | contributors | modifiedDate | displayDate |
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blog-posts#18-11215 | 2021-05-11 13:36:53 | Emerging economies will lead the charge for central bank digital currencies, say experts | https://aws.amazon.com/blogs/publicsector/emerging-economies-lead-central-bank-digital-currencies-experts/ | China will launch its digital currency February 2022, and the UK and Eurozone have joined the movement for central bank digital currencies (CBDC), but it is the smaller, emerging economies that are leading the charge and have much to gain, experts have predicted. In a recent Global Government Forum and AWS Institute panel discussion, financial technology (FinTech) specialists noted it is the Bahamas and Cambodia who are the CBDC pioneers. The Bank for International Settlements said 86% of central banks are experimenting with CBDCs and 10% are close to implementing them, while banks representing 20% of the global population will launch a digital currency within three years. | https://d2908q01vomqb2.cloudfront.net/9e6a55b6b4563e652a23be9d623ca5055c356940/2021/05/11/digital-currency.jpg | 3838d9b47b | AWS Public Sector Blog Team | 2021-05-11 14:00:01 | 11 May 2021 |
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