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"<!-- wp:image {\"id\":5276,\"sizeSlug\":\"large\"} -->\n<figure class=\"wp-block-image size-large\"><img src=\"https://cbdcinsider.com/wp-content/uploads/2020/09/skyline-1925943_1920-1024x546.jpg\" alt=\"\" class=\"wp-image-5276\"/></figure>\n<!-- /wp:image -->\n\n<!-- wp:paragraph -->\n<p>Three prominent retail CBDC examples<br>The report then reviewed three prominent retail CBDC projects, namely the People’s Bank of China’s Digital Currency Electronic Payment (DC/EP) project; the Swedish Riksbank’s e-krona; and the work by the Bank of Canada on a CBDC as a contingency plan. The key conclusions from these projects were<br>They are currently mainly within-country although there can be some international links via mobile phones.<br>Multi-country solutions are being examined, e.g. “representatives of PBC noted that cross- country coordination can be useful to ensure consistent standards across borders”<br>In Sweden, 1) the “CBDC would be intended as a complement to, not a replacement for cash” and 2) the costs of running such a system would be substantial<br>In Canada, “The CBDC would not replace cash, but designed as a digital addition with advantageous resilience and accessibility features.”</p>\n<!-- /wp:paragraph -->\n\n<!-- wp:paragraph -->\n<p>Continue read: <a href=\"https://ctmfile.com/story/central-bank-digital-currencies-are-definitely-coming-but-when\" target=\"_blank\" rel=\"noreferrer noopener\">https://ctmfile.com/story/central-bank-digital-currencies-are-definitely-coming-but-when</a></p>\n<!-- /wp:paragraph -->"
<https://cbdcinsider.com/2020/09/01/central-bank-digital-currencies-are-definitely-coming-but-when/>