Results 21 to 30 of about 3,492 (210)
CBDC, Monetary Policy Implementation, and The Interbank Market [PDF]
, 2023 We analyze the impact of banks intermediating CBDC on the interbank market. When banks increase their CBDC accounts by $1 they need $1 of reserves. Increasing CBDC usage drains reserves and may increase the interbank rate. The effect of CBDC remuneration
Lamersdorf, Nora +2 more
core +2 more sources
DESIGN AND LEGAL ASPECT OF CENTRAL BANK DIGITAL CURRENCY: A LITERATURE REVIEW
Journal of Central Banking Law and Institutions, 2022 The development of digitalisation in the financial services sector has compelled Bank Indonesia to develop Central Bank Digital Currency (CBDC). CBDC as a new type of money requires adjustments in terms of applicable laws and regulations.
Fitri Handayani, Fatma Yuliana
doaj +1 more source
CENTRAL BANK DIGITAL CURRENCY UNDER THE STATE THEORY OF MONEY: A PRELIMINARY LEGAL ANALYSIS
Journal of Central Banking Law and Institutions, 2022 Innovations in digital payments have triggered many central banks to apprehend and consider central bank digital currency (CBDC). CBDC is believed to be the next milestone in the evolution of money because many studies have shown the significant ...
Fransiska Ari Indrawati
doaj +1 more source
Cogent Economics & Finance, 2022 Central Bank Digital Currencies (CBDCs) enable negative interest rates. A game is analyzed between a central bank (accounting for the government’s interest) and a representative household choosing to consume, hold CBDC, or hold non-CBDC. The central bank
Guizhou Wang, Kjell Hausken
doaj +1 more source
Supply chain management based on volatility clustering: The effect of CBDC volatility [PDF]
, 2022 A Central Bank Digital Currency (CBDC) launched by the Bank of England could enable businesses to directly make electronic payments. It can be argued that digital payment is helpful in supply chain management applications.
Min Du +7 more
core +1 more source
CENTRAL BANKS’ DIGITAL CURRENCIES: WORLD TRENDS AND PROSPECTS IN UKRAINE
Соціальна економіка, 2021 The scientific article is aimed to generalize the basic concepts of CBDC emission, based on existing world experience and substantiation of the prerequisites for safe and effective implementation of CBDC in Ukraine.
Myroslava Khutorna +2 more
doaj +1 more source
CENTRAL BANK DIGITAL CURRENCY: WHAT FACTORS DETERMINE ITS ADOPTION?
Buletin Ekonomi Moneter dan Perbankan, 2022 This paper attempts to explain the differences in Central Bank Digital Currency (CBDC) adoption across emerging and advanced countries using an ordered probit model.
Novi Maryaningsih +3 more
doaj +1 more source
GOING DIGITAL RUPIAH: SOME CONSIDERATIONS FROM SOVEREIGNTY AND CYBERSECURITY PERSPECTIVES
Journal of Central Banking Law and Institutions, 2023 Central banks worldwide are coming to terms with the bits and bytes of digital money, commonly referred to as Central Bank Digital Currency (CBDC). CBDC has been claimed to be safer, more secure, and inherently less volatile, unlike cryptocurrencies, as ...
Zahrashafa Mahardika +2 more
doaj +1 more source
IEEE Access, 2022 We propose a Central Bank Digital Currency Evaluation and Verification (CEV) Framework for recommending and verifying technical solutions in the central bank digital currency (CBDC) system.
Si Yuan Jin, Yong Xia
doaj +1 more source
Central bank digital currency, economic growth and inflation [PDF]
Journal of Money and BusinessPurpose – This study aims to investigate the effect of CBDC issuance on economic growth rate and inflation rate in Nigeria. We are interested in determining whether the rate of economic growth and inflation changed significantly after the issuance of a ...
Peterson K. Ozili
doaj +1 more source