Cash Use Across Countries and the Demand for Central Bank Digital Currency /

The level and trend in cash use in a country will influence the demand for central bank digital currency (CBDC). While access to digital currency will be more convenient than traveling to an ATM, it only makes CBDC like a bank debit card-not better. Demand for digital currency will thus be weak in c...

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Bibliographic Details
Main Author: Khiaonarong, Tanai
Other Authors: Humphrey, David
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/046
Online Access:Full text available on IMF