A number of central banks are at various stages in creating and testing sovereign digital currencies. Image: SCMP Graphics A number of central banks are at various stages in creating and testing sovereign digital currencies. Image: SCMP Graphics
A number of central banks are at various stages in creating and testing sovereign digital currencies. Image: SCMP Graphics

Explainer |
Which central bank will launch world’s first digital currency?

  • Sovereign digital currencies are traditional money, but in digital form, that will be issued and governed by the world’s regional central banks
  • China has made rapid progress while other members of the G20, and the likes of Sweden and Cambodia, are also at various stages of research and development

Topic |   Digital currencies
A number of central banks are at various stages in creating and testing sovereign digital currencies. Image: SCMP Graphics A number of central banks are at various stages in creating and testing sovereign digital currencies. Image: SCMP Graphics
A number of central banks are at various stages in creating and testing sovereign digital currencies. Image: SCMP Graphics
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