More than Money: Central Bank Digital Currencies

The approximate status of currency digitalization by country compiled from BIS, Atlantic Council, and the CBDC tracking project. Note that some countries have canceled projects only to pursue new projects at the retail or wholesale level. For an up-to-date visualization visit cbdctracker.org.

Note: a version of this article will be appearing in Wealth and Investment Monitor in Feb 2023.

Our monetary system is being disrupted by cryptocurrencies, perhaps for good, but it seems like mainly for worse in days of late.

These “network-made” assets now account for about 5–7% of the world’s money and are not controlled by any central authority or…