India Is Set To Launch Digital Rupee, Here Are Other Countries With There Own CBDC

India Is Set To Launch Digital Rupee, Here Are Other Countries With There Own CBDC

In the US, CBDC is under research status, according to the Atlantic Council. In March 2022, the Joe Biden administration signed an Executive Order to promote responsible innovation in the field of digital assets. According to the US Fed, a CBDC would offer refuge from this shambolic state of affairs by providing a form of digital money that’s a direct liability of the Fed, firmly bootstrapped to the U.S. dollar and government, as opposed to an offshore, flash-in-the-pan startup that might lie, cheat, steal, implode, or pull a midnight runner.[Image Credit: Getty]