A Survey of Research on Retail Central Bank Digital Currency /

This paper examines key considerations around central bank digital currency (CBDC) for use by the general public, based on a comprehensive review of recent research, central bank experiments, and ongoing discussions among stakeholders. It looks at the reasons why central banks are exploring retail C...

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Autor principal: Kiff, John
Altres autors: Alwazir, Jihad, Davidovic, Sonja, Farias, Aquiles
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2020.
Col·lecció:IMF Working Papers; Working Paper ; No. 2020/104
Accés en línia:Full text available on IMF
Descripció
Sumari:This paper examines key considerations around central bank digital currency (CBDC) for use by the general public, based on a comprehensive review of recent research, central bank experiments, and ongoing discussions among stakeholders. It looks at the reasons why central banks are exploring retail CBDC issuance, policy and design considerations; legal, governance and regulatory perspectives; plus cybersecurity and other risk considerations. This paper makes a contribution to the CBDC literature by suggesting a structured framework to organize discussions on whether or not to issue CBDC, with an operational focus and a project management perspective.
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Descripció física:1 online resource (66 pages)
Format:Mode of access: Internet
ISSN:1018-5941
Accés:Electronic access restricted to authorized BRAC University faculty, staff and students