How will digital technologies influence the international monetary system?

E Prasad - Oxford Review of Economic Policy, 2023 - academic.oup.com
New and evolving financial technologies, including the advent of cryptocurrencies and
central bank digital currencies (CBDCs), will make cross-border payments cheaper and …

China's central bank digital currency and its impacts on monetary policy and payment competition: Game changer or regulatory toolkit?

W Shen, L Hou - Computer Law & Security Review, 2021 - Elsevier
After carrying out some preparatory work for several years, China is likely to issue central
bank digital currency (CBDC). Built upon the relevant experience and research in other …

Stablecoins and central bank digital currencies: policy and regulatory challenges

B Eichengreen, G Viswanath-Natraj - Asian Economic Papers, 2022 - direct.mit.edu
Stablecoins and central bank digital currencies are on the horizon in Asia, and in some
cases have already arrived. This paper provides new analysis and a critique of the use case …

Reasons fostering or discouraging the implementation of central bank-backed digital currency: A review

SL Náñez Alonso, MÁ Echarte Fernández, D Sanz Bas… - Economies, 2020 - mdpi.com
This study analyses the current debate around central bank-backed digital currency (CBDC).
A comparative study was carried out considering countries for and against implementing a …

[PDF][PDF] Digital innovation, data revolution and central bank digital currency

N Yanagawa, H Yamaoka - 2019 - cognizium.io
Under the developments of digital innovation, global expansion of cashless payments and
the emergence of crypto-assets, some argue that central banks should issue digital …

[图书][B] Casting light on central bank digital currencies

MTM Griffoli, MMSM Peria, MI Agur, MA Ari, MJ Kiff… - 2018 - books.google.com
Digitalization is reshaping economic activity, shrinking the role of cash, and spurring new
digital forms of money. Central banks have been pondering wheter and how to adapt. One …

[PDF][PDF] The coming battle of digital currencies

LW Cong, S Mayer - The SC Johnson College of Business Applied …, 2022 - aeaweb.org
We model the dynamic competition among national fiat currencies, cryptocurrencies, and
Central Bank Digital Currencies (CBDCs), whereby countries strategically digitize their …

Central bank digital currency and the future of monetary policy

MD Bordo, AT Levin - 2017 - nber.org
We consider how a central bank digital currency (CBDC) could transform all aspects of the
monetary system and facilitate the systematic and transparent conduct of monetary policy. In …

[PDF][PDF] Central bank digital currency (CBDC): critical issues and the Indian perspective

D Priyadarshini, S Kar - Institute of Economic Growth Working Paper, 2021 - iegindia.org
A large number of Central Banks around the world are planning to introduce Central Bank
Digital Currencies (CBDCs) as a legal tender in their countries. The Reserve Bank of India …

The pros and cons of issuing a central bank digital currency

A Wadsworth - Reserve Bank of New Zealand Bulletin, 2018 - ideas.repec.org
Over the past decade the financial services industry has been disrupted by a range of new
technologies. This has included the launch of new, private, digital currencies such as …