China has become the symbol of central bank digital currency development globally with its digital yuan. However, according to a new report by PricewaterhouseCoopers, the Asian giant isn’t the leader in this field. The Big Four audit firm named the Bahamas as the leading country in CBDC, which is making bigger strides with its Sand […]

Read full post PwC publishes its inaugural Global CBDC Index. on Chaintimes.com.

While China is usually referred to as the most advanced country in the world when it comes to the development of its Central Bank Digital Currency (CBDC), a new report by PricewaterhouseCoopers (PwC) suggests this isn’t the case. PwC has published the first edition of its “PwC Global CBDC Index 2021”, in which it analyses [...]

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Professional services firm PwC has given the Bahaman Central Bank Digital Currency (CBDC) the highest rank in a new report. The Caribbean island tops even China’s digital yuan, which is widely thought to be the most progressed CBDC. The report notes that over 60 countries are examining the use of CBDCs, which are essentially just … Continued

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