12 Countries Are Now Considering Central Bank Digital Currencies (Qz)

As money gets swept up by tech innovation, government authorities are taking a closer look at old fashioned notes and coins. More than a dozen countries are either researching, piloting, or, like China, have ongoing work in place for central bank digital currencies, according to a Bank for International Settlements report published today. "Central banks around the world are investigating a rich set of prototypes," the BIS wrote...