Eastern Caribbean Central Bank’s CBDC Could Beat China to the Punch in 2020

The race for central-bank digital currencies has been on for some time now, and since the development of the digital yuan may have been postponed due to the coronavirus pandemic, other countries could beat China to the punch. Almost exactly one year ago, the Eastern Caribbean Central Bank and Bitt Inc. — a financial-technology company based in Barbados — signed a contract to conduct a blockchain-powered CBDC pilot within the Eastern Caribbean Currency Union, […]

 

 

 

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