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"Digital Fiat Currency" Trials Make A Debut In Insurtech

Originally published at: "Digital Fiat Currency" Trials Make A Debut In Insurtech - Daily Fintech

In recent updates from BIS studies, 80% of surveyed banks were progressing with Central Banking Digital Currencies (CBDC) and almost 40% had started developing proof of concepts. During World Economic Forum’s 2020 event, a similarly high number of countries announced they were underway with research or CBDC was prominently on the radar. Last month, ZhongAn…