Dwindling cash use is pushing central banks to race toward digital currencies

Central banks are accelerating their work on digital currencies and investors are taking note. Earlier this year, the Bank of International Settlements published its latest survey showing that 86% of the 65 central banks it spoke to are doing some form of work on central bank digital currencies (CBDCs), be it research, proofs of concept or pilot development.
Read more: https://www.cnbc.com/2021/02/12/cryptocurrency-dwindling-cash-use-is-pushing-central-banks.html?source=Snapzu