India, Ukraine, and Russia Lead Retail CBDC Development, with Launches Expected in Coming Years
The 2023 PwC report indicates that despite the already live CBDCs of the Bahamas, Jamaica, and Nigeria, retail CBDC projects in India, Ukraine, and Russia are making rapid progress with formal announcements to launch within the next few years. India is at the forefront with its digital rupee development, Ukraine is accelerating its development in response to military conflict, and Russia is speeding up its CBDC project as a countermeasure to global sanctions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Ethereum’s ETH/BTC Pair Faces Potential Downturn Amid Weak Market Signals for 2025
Austrian Bank Raiffeisen Bank Invests Millions of Euros in Crypto Tax Firm Blockpit
Enso is now available on Sonic Network
Yesterday, ARKB had a net outflow of $9 million, and Grayscale ETH had a net outflow of $9.3 million
Trending news
MoreCrypto prices
More
