Also with Slovakia. Digital currencies are developing more than 90% of world GDP, here is a map of countries

Also with Slovakia.  Digital currencies are developing more than 90% of world GDP, here is a map of countries

There are up to 180 recognized currencies in the world, ranging in size from the territory of a small Caribbean country to the euro, the dollar or the yuan, which are paid all over the world.

However, many of them are waiting or already working with their “digital doubles”, ie virtual currencies with the same value as banknotes and coins created by the local central bank.

As the portal pointed out CoinTelegraph, according to the new analysis of the American non-governmental organization Atlantic Council, the countries with developed or functional digital currencies already account for more than 90% of global gross domestic product (GDP).

All major economies are working on digital currencies, and China is fighting

In this transparent map You can view information on the development of digital currencies in 81 countries around the world that, according to the Atlantic Council, are working on the development of their digital currency. By comparison, in the first half of 2020, there were only 35 of these countries.

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The Caribbean region is home to all five digital currencies that are already fully operational, with the Bahamian “sand” dollar becoming the first fully available digital currency.

There are currently 14 countries in the pilot, trial phase of their digital names, including South Korea, Sweden, Ukraine and one of the world’s largest economies, China.

That your digital yuan not only used, but it also has the means to expand it very quickly in the country and has plans to introduce it during the 2022 Winter Olympics in Beijing. In addition, the People’s Bank of China claims that almost 21 million people have already opened a virtual wallet to use the digital yuan.

Slovakia is also missing from the map among the countries with active development, but in this case it is included in the group of countries belonging to the European Central Bank, which also do not hide the development of the digital euro.

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Its research phase has only been fully launched recently, and we learned about the benefits but also the risks associated with the advent of the digital euro a few days ago. they talked with analyst Juraj Karpiš.

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From the point of view of the central banks behind the world’s largest economies, China has a clear lead in the development of digital currencies, but is slowly being followed by the European Central Bank, which is again ahead of the US Federal Reserve (FED). also by the Bank of Japan.


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