Study: USA and Russia are lagging behind other countries in the creation of the digital currency of the Central Bank – Bits Media

The Center for the Geo -Economy of the Atlantic Council is concerned about the future interaction of digital currencies of the Central Bank and counts, that the United States lags behind other countries in the development of state cryptocurrency.

According to the Center for Geo -Economy Atlantic Council, The number of countries, developing state cryptocurrencies, grew with 35 in has 2020 year before 87 In December 2021 of the year. Digital currencies of the Central Bank have already launched 9 Caribbean and Nigeria countries. More 14 countries, including China and South Korea, test the digital currency of the Central Bank and are ready to launch it.

People's Bank of China (NSC) will test the digital yuan during the Winter Olympic Games in 2022 year. Besides, Shenzhen will highlight 10 Milln Yuan ($1.57 million) To encourage companies, using E-CNY in the zianhai area. In November of this year, the number of users of the wallet for the digital yuan exceeded 140 million, And the volume of transactions with E-CNY has reached 62 billion yuan (about $9.7 billion).

Among the four largest central banks - the Federal Reserve System (FRS) USA, European Central Bank, Bank of England and the Bank of Japan - only the United States "stuck" at the stage of study of the state digital currency. The other three states are already actively working on pilot projects. Russia, Like the USA, located at the stage of study of the digital currency of the Central Bank.

Director of the Center for Geo -Economy Atlantic Council and former senior adviser to the International Monetary Fund Josh Lipski (Josh Lipsky) expressed concern about the interaction of state digital currencies in the future. He considers, that governments are not sufficiently focused on testing international transactions.

“Now many different systems are being developed and it is unclear, Will they be able to work with each other in the future and how a digital dollar will interact with other state cryptocurrencies ", - said Lipski.

Last month, the Federal Reserve Bank of New York and the Bank of International Settlements (TO) opened an innovative center for creating and testing new state digital currencies. Besides, The Chairman of the US Federal Reserve called for congressmen to join the project to create a digital currency of the Central Bank and develop an appropriate regulatory framework.

In turn, Russia in November inscribed the introduction of a digital ruble into a three -year development plan for the financial market of the Russian Federation. At the same time, the State Duma of the Russian Federation fears the risks of introducing a digital ruble. Parliamentary committees believe, that banks and information security of the country will suffer from the implementation of the state digital currency.