Jurisdictions Where Retail CBDC Is Being Explored

There now 91 central banks that have recently issued, piloted, experimented with and/or researched retail central bank digital currency (#CBDC) not including two that started issuing retail CBDC and then shut the platforms down (Ecuador and Finland). If I’m missing anything, or you find mistakes in the tabulation, please let me know in the comments!

10 thoughts on “Jurisdictions Where Retail CBDC Is Being Explored

  1. Please activate the links on the retail CBDC table to allow access to the sources of information on each country.

    1. Thanks for catching that Asile. I’ve changed platforms and the old one allowed me to post an HTML version of the table that kept all of the Microsoft Word formatting. The new platform makes a dogs breakfast of the table by dropping all of Word’s fancy formatting, so I switched to saving the Word document as a PDF, which used to render it with live links but Word seems to have stopped doing that. I’m going to try another Word-PDF printer (Nitro) and see how that works. Stay tuned! [Update: Adobe provides a handy converter and I’ve updated the file to have clickable links. But I wonder why Microsoft pulled that feature?]

  2. Hi, John,
    I agree that CBDC interest from countries that are part of formal Monetary Unions should only be counted as the Monetary Union. One count to represent all the countries under the mandate of the single Central Bank. Examples include the Euro, ECCB, CFA Africa (BEAC and BCEAO separately), CFP (French Pacific), and more: https://en.wikipedia.org/wiki/Currency_union

    1. Thanks David! I think what gets confusing in the case of Europe is that a few national central banks, like the Banque de France are running quite large scale wholesale CBDC proofs of concept. However, if an actual digital euro is issued, whether it be retail or wholesale, the sole issuer will be the European Central Bank. Some of the crypto press have misinterpreted recent Banque de France wholesale CBDC updates as implying that the Banque would issue the CBDC, but the central bank chooses its words very carefully not to give that impression.

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