New data shows that 134 countries, representing 98% of global GDP, are now exploring central bank digital currencies (CBDCs), with 66 nations advancing to pilot or development stages.
As of September 2024, every G20 country is exploring a CBDC, with 19 of them in the advanced stage of CBDC development. Japan, India, Australia, South Korea, and Turkey are among the 13 G20 countries piloting CBDCs, while new projects were introduced in France, Italy, and Indonesia.
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