BIS: 9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market

BIS: 9 out of 10 Central Banks Worldwide Are Exploring Digital Currencies — Driven by Crypto Market


Nine out of 10 central banks globally are exploring central bank digital currencies (CBDCs), according to the latest survey by the Bank of International Settlements (BIS). Furthermore, “the emergence of stablecoins and other cryptocurrencies have accelerated the work on CBDCs.”

BIS Central Bank Digital Currency Survey

The Bank of International Settlements (BIS) published a report last week titled “Gaining momentum — Results of the 2021 BIS survey on central bank digital currencies.” The report is authored by the bank’s senior economist Anneke Kosse and financial market analyst Ilaria Mattei.

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The BIS CBDC survey was conducted in autumn 2021 with the participation of 81 central banks. The report describes:

Nine out of 10 central banks are exploring central bank digital currencies (CBDCs), and more than half

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