With the technological advancement that cryptocurrencies have brought, digital currency implementation projects from different countries have been launched. Many of these projects are still in the most primitive stages where they have to ask for directions, do research, and little else. Furthermore, so far none of these countries have openly declared that they are successful in development.
Today, the world’s major economies have begun to actively consider and promote central bank digital currency research and development. According to recently published reports, approximately 86% of central banks in 65 countries have been conducting internal research on digital currencies.
This same study revealed that from 2019 to 2020, the number of tests and investigations of cryptocurrencies by central banks has increased from 42% to 60% only during this period and for this study it has not been taken into account 2021, which…
