In this series, we delve into the world of central bank digital currencies (CBDCs) and their potentially profound implications for financial inclusion. What are CBDCs? CBDCs are digital versions of countries’ official currencies issued by the central bank or the like. They could be the digital representation of physical cash. To date, over 110 central banks around the world are engaged in some form of CBDC-related work, and the Eastern Caribbean Central Bank, and the central banks in the Bahamas, Jamaica and Nigeria have already issued CBDCs. With more and more governments exploring the potential of CBDCs, there is a ... (full story)