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published : 25 May 2021 at 04:00
Central banks in Thailand and Hong Kong have the most mature interbank/wholesale central bank digital currency (CBDC) project in the world, according to a new report by PwC.
The PwC Global CBDC Index 2021 analyses central banks level of maturity in deploying their own digital currency, including tracking their progress and stance on CBDC development.
The index ranks the world s most advanced CBDC projects in terms of retail CBDCs held directly by corporations and citizens, and interbank/wholesale CBDCs restricted to financial institutions for interbank payments and financial settlement processes, according to Vilaiporn Taweelappontong, consulting lead partner and financial services leader for PwC Thailand.
Expanding Horizons forbes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from forbes.com Daily Mail and Mail on Sunday newspapers.