Davos Watch: 'The Old World of Currency Now Has To Catch Up'

Source: Adobe/Юрий ДьяконовExperts say that the coronavirus pandemic has accelerated the pace of the shift from cash to digital payments, triggering an estimated 8% rise in non-cash payments in the euro area alone last year. But at the same time, a glut of central bank digital currency (CBDC) projects is finding progress slow, with state authorities – which view digital currencies