| | Country | Progress |
| | China | In January 2017, the people’s bank of China established the digital currency research institute to officially carry out the research and development of E-CNY in April 2020, a pilot test of E-CNY in November 2020, six pilot areas including Shanghai, Hainan, Changsha, Xi’an, Qingdao, and Dalian will be added in June 2021, the people’s bank of China issued the white paper on the R&D progress of E-CNY in China, which listed the 2022 Beijing Winter Olympics as a pilot project for cross-border payment of E-CNY. In September 2021, the people’s bank of China said that it would carry out an innovative pilot project of E-CNY cross-border payment in Qianhai |
| | U.S.A | In August 2020, the Federal Reserve Bank of Boston announced cooperation with MIT on the potential use and direction of the central bank’s digital currency. In June 2020, the U.S. Senate held a hearing on whether the digital dollar can promote the development of inclusive finance in May 2021, the digital dollar project (DDP) announced that five pilot projects would be launched in 2022 |
| | Britain | In 2016, the UK government published some research reports on DLT. In 2019, the financial conduct authority of the UK issued a consultation document to regulate the regulation of the cryptocurrency market. On April 20, 2021, the bank of England and the Ministry of Finance announced the establishment of the central bank’s digital currency task force to accelerate the research and pilot of a digital pound |
| | Japan | The Central Bank of Japan and the European Central Bank jointly announced the first phase of the research on cross-border monetary payments in February 2020, and the central bank of Japan will complete the research report on cross-border payment in February 2020 |
| | Korea | In June 2020, the Bank of Korea released its medium and long-term strategic plan (BOK230), putting research into central bank digital currencies on the agenda. In July 2021, SK, Naver, and Kakao, South Korea’s head technology companies, announced that they were bidding for the partner qualification of the bank of Korea’s digital currency, and the successful bidder would be given the right to pilot projects for 10 months |
| | Russia | In October 2020, the Central Bank of Russia issued a report on social opinions on digital rubles, which is expected to carry out relevant tests on digital rubles in 2022 |
| | European union | In April 2018, the European Commission announced that it would launch European blockchain cooperation. In July 2021, the European Central Bank announced the launch of the digital euro project and carried out relevant research |
|
|
