Implementation of CBDCs
The implementation of CBDCs is still in its early stages, and it's unclear how they will be received by the public and the financial sector. However, several countries are exploring the development of CBDCs, including:
- Sweden: Sweden is currently testing a CBDC called e-Krona, which is being developed by the Riksbank.
- China: China is reportedly developing a CBDC, which is being tested in several cities.
- Bahamas: The Bahamas is testing a CBDC called the Sand Dollar, which is being developed by the Central Bank of The Bahamas.
- European Central Bank: The European Central Bank is exploring the development of a CBDC, which could be used by several European countries.