Private Law Aspects of Token-Based Central Bank Digital Currencies
As of late 2023, 94 percent of 86 surveyed central banks were actively exploring CBDCs, moving from research to experiments.
Central bank · TH · 6 documents
As of late 2023, 94 percent of 86 surveyed central banks were actively exploring CBDCs, moving from research to experiments.
In Nigeria, 98.5 percent of eNaira wallets remained unused one year after launch.
Financial inclusion is a top priority, with about 60 percent of emerging and low-income countries considering it one of their top three motivations for issuing a retail CBDC.
Central banks must develop a long-term vision for monetary and payment systems spanning a time horizon of at least 5 to 10 years as economic digitalization accelerates.
The global payment system is estimated to consume 47.3 TWh of energy annually, accounting for roughly 0.2 percent of total global electricity consumption.
In late 2021, the Central Bank of The Bahamas recorded around 20,000 active Sand Dollar wallets within a population of about 400,000.