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Central Banks of Israel, Norway and Sweden Team Up to Explore Retail CBDC

Results of the project, run by the Bank for International Settlements, are expected in the first quarter of 2023.

Central banks in Israel, Norway and Sweden are testing CBDCs for international retail payments. (Matthias Kulka/Getty Images)
Central banks in Israel, Norway and Sweden are testing CBDCs for international retail payments. (Matthias Kulka/Getty Images)