According to their latest update in March, 134 countries and currency unions - representing 98% of global GDP - are now exploring the idea of a central bank digital currency (CBDC). Of note, 19 members in the G20 are now in advanced stages of CBDC development. And there is now a high of 36 ongoing CBDC pilots across the globe, with China of course continuing to lead on that front. In terms of numbers, here is how things looked like back in April 2021: {chart} And this is how things look like today: {chart} In terms of the world map, here's a breakdown on how countries are progressing with respect to their own CBDC: ... (full story)