Central banks around the world are exploring and in some cases even piloting Central Bank
Digital Currencies (CBDCs). CBDCs promise to realize a broad range of new capabilities …

CBDCs should let central banks provide a universal means of payment for the digital era. At
the same time, such currencies must safeguard consumer privacy and maintain the two-tier …

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 …

Even before their deployment in major economies, one of the concerns that has been voiced
about central bank digital currency (CBDC) is that it might be too successful and lead to …

Central bank digital currencies (CBDCs) are receiving more attention than ever before. Yet
the motivations for issuance vary across countries, as do the policy approaches and …

Digitalization is reshaping economic activity, shrinking the role of cash, and spurring new
digital forms of money. Central banks have been pondering whether and how to adapt. One …

During the Covid-19 pandemic, there has been a rapid shift in global transaction patterns
from offline to online digital payment models, along with a growing interest in the …

Over five thousand digital currencies have been issued by private sector actors since the
release of the Bitcoin digital currency in 2009. Private sector issuance of distributed ledger …

Central bank digital currencies are engendering concern. As understanding of CBDCs is
very limited, further research is warranted which will focus not only on the economic …

In just a few years, central banks have rapidly ramped up their research and development
efforts on central bank digital currencies (CBDCs). A growing body of economic research …