Emerging economies are leading the CBDC race, with four retail CBDCs now live, albeit with mixed success due to a relatively low adoption and few downloaded wallets. Advanced economies, such as the Fed and the ECB, are taking a more cautious "wait-and-see" approach, with decisions on digital currencies expected in the coming years. Despite the progress in CBDC development, consumer sentiment remains uncertain. According to our proprietary dbDIG survey, only 16% of consumers believe CBDCs will become mainstream, with privacy being a significant concern. However, 31% of respondents prefer a cryptocurrency managed by ... (full story)