This paper attempts to introduce central bank digital currency (CBDC) into the analysis
framework of monetary policy, and studies the influence mechanism of e-CNY, central bank …

China has been both active and cautious in developing a central bank digital currency
(CBDC). China CBDC has been in research and development since 2014. The process …

ABSTRACT Central Bank Digital Currency (CBDC) contributes to optimizing payment
functions of fiat money, reducing reliance on payment services provided by the private …

ABSTRACT The People's Bank of China (PBC) was among the first in the world to start
exploration of central bank digital currency (CBDC) and will probably be one of the first …

This fintech note presents an analysis of the implications of central bank digital currency
(CBDC) for monetary policy. In our framework, the implications of CBDC issuance on …

From both theoretical and practical perspectives, we examine the global development and
competition of digital currencies, and investigate the design of China's central bank digital …

This paper discusses central bank digital currency (CBDC) and its potential impact on the
monetary transmission mechanism. We first offer a general definition of CBDC which should …

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 …

This paper investigates how the introduction of an interest-bearing central bank digital
currency (CBDC) that serves as a perfect substitute for bank deposits as an electronic …

In only a few years, central bank digital currencies (CBDC) have gone from a fringe idea
promoted by cryptocurrency bloggers to an idea being seriously explored by 80% of the …