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In Europe, central bank digital currency is still in its infancy

 

Currently, only 15 European countries are involved in the development of a central bank digital currency (CBDC) The European Central Bank's proposed D-Euro has only elicited a lukewarm reception from several countries, such as Germany, France, and Sweden. There's no word yet on whether the Bank of England will implement a concrete plan.

Only five countries have established CBDCs. As of March 2021, DCash will be available in St. Kitts and Nevis, Antigua and Barbuda, St. Lucia, and Grenada, while the Bahamas' Sand Dollar has been in circulation since 2019.

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