Editing Central bank (section)

====Central Bank Digital Currencies====

Since 2017, prospect of implementing [[Central Bank Digital Currency]] (CBDC) has been in discussion.<ref>{{cite web|url=https://bankunderground.co.uk/2017/09/13/beyond-blockchain-what-are-the-technology-requirements-for-a-central-bank-digital-currency/|title=Beyond blockchain: what are the technology requirements for a Central Bank Digital Currency?|last=BankUnderground|date=2017-09-13|website=Bank Underground|language=en|access-date=2019-07-10|archive-date=10 July 2019|archive-url=https://web.archive.org/web/20190710203034/https://bankunderground.co.uk/2017/09/13/beyond-blockchain-what-are-the-technology-requirements-for-a-central-bank-digital-currency/|url-status=live}}</ref> As of the end of 2018, at least 15 central banks were considering to implementing CBDC.<ref>{{Cite journal |author=Tommaso Mancini-Griffoli |author2=Maria Soledad Martinez Peria |author3=Itai Agur |author4=Anil Ari |author5=John Kiff |author6=Adina Popescu |author7=Celine Rochon |date=12 November 2018|title=Casting Light on Central Bank Digital Currency|journal=IMF Staff Discussion Note}}</ref> Since 2014, the People's Bank of China has been working on a project for digital currency to make its own digital currency and electronic payment systems.<ref>{{cite web|url=https://www.ft.com/content/e3f9c3c2-0aaf-11ea-bb52-34c8d9dc6d84 |archive-url=https://ghostarchive.org/archive/20221210/https://www.ft.com/content/e3f9c3c2-0aaf-11ea-bb52-34c8d9dc6d84 |archive-date=10 December 2022 |url-access=subscription |url-status=live|title=What is China's digital currency plan?|date=2019-11-25|website=[[Financial Times]]|language=en-GB|access-date=2019-11-30}}</ref><ref>{{cite news|url=https://www.reuters.com/article/us-cenbank-digital-currencies-explainer-idUSKBN1XG25O|title=Explainer: Central bank digital currencies – edging toward reality?|date=2019-11-06|work=Reuters|access-date=2019-11-30|language=en|archive-date=9 November 2019|archive-url=https://web.archive.org/web/20191109210006/https://www.reuters.com/article/us-cenbank-digital-currencies-explainer-idUSKBN1XG25O|url-status=live}}</ref>