Connected Magazine

Central bank digital currency in the spotlight in 2024

The EU is moving ahead with a digital euro this year

According to the IMF, there are more than 100 countries examining CBDCs

This year is shaping up to be an important one in terms of the advancement of central bank digital currencies.

The idea of a digital currency issued and controlled by a central bank has gathered steam gradually over the years but hit a crucial inflection point last year.

Most notably the EU is moving ahead with a digital euro, which has been championed by financial services commissioner Mairead McGuinness.

John Melarkey, managing director at consultancy ...