A Survey of Central Bank Digital Currency Adoption in African countries [PDF]
The paper presents a survey of central bank digital currency (CBDC) adoption in African countries. Secondary data based on desk research were used to conduct the survey.
Ozili, Peterson K
core
The next generation of digital currencies: in search of stability. Bruegel Policy Contribution Issue #15 December 2019 [PDF]
Four major developments have challenged the status quo and reopened the debate on the forms that money will take in the future: 1) use of cash as a medium of exchange has declined; 2) distributed ledger technology (DLT) has led to the emergence of ...
Claeys, Grégory, Demertzis, Maria
core
Seven lessons from the e-Peso pilot plan: The possibility of a Central Bank Digital Currency
The decision to introduce a central bank digital currency (CBDC) is part of the new challenges that central banks are facing as technology keeps moving. The e-Peso pilot plan, implemented between 2017 and 2018, could provide some key findings for central
Adolfo Sarmiento
doaj +1 more source
RESEARCH ON THE PRACTICE OF DIGITAL CURRENCY IN CHINA [PDF]
This dissertation focuses on the proper understanding of digital currencies, its impact on a country’s economy, and how to design and regulate digital currencies. First, we review the current literature on digital currency and discuss the shortcomings of
Zheng, LianFa
core +1 more source
DESIGN ELEMENTS AND RISKS OF CENTRAL BANK DIGITAL CURRENCY IN TAILORING A PRUDENT ‘RUPIAH DIGITAL’
Alongside with the increasing of risks associated with the use of stablecoins, Central Bank of Indonesia is considering the issuance of Central Bank Digital Currencies (CBDCs) to mitigate these risks.
Wahyu Yun Santoso +3 more
doaj +1 more source
Retail CBDC purposes and risk transfers to the central bank
The issuance of retail central bank digital currency (CBDC) involves a transfer of risk from commercial banks to the central bank. Mechanisms that limit the transfer of risk, such as an unattractive interest rate, a quantity ceiling or the non ...
Romain Baeriswyl +2 more
doaj +1 more source
Central Bank Digital Currencies and Financial Stability in a Modern Monetary System [PDF]
The aim of this study is to disentangle the effects of introducing an interest-bearing central bank digital currency (CBDC) for financial stability using a Diamond and Dybvig (1983) model in which (i) both CBDC and private bank deposits can be used in ...
David Tercero Lucas +1 more
core
This study constructs an index reflecting Central Bank Digital Currency (CBDC) news coverage and evaluates its impact on bank stability. The CBDC Attention Index (CBDCAI) is formulated based on more than 533 Reuters Digital News Report articles from 2019
Firman Hidayat +3 more
doaj +1 more source
CBDC-MXN: Challenges and Perspectives in The Implementation as a Mexican Digital Currency
This research shows a proposal for developing of a Mexican Central Bank Digital Currency by Banco de México. Therefore, a dynamic SWOT matrix is used to present the strengths, weaknesses, opportunities, and threats of the development of the Mexican ...
Jessica Nallely Flores Gálvez +1 more
doaj +1 more source
Central Bank Digital Currencies (CBDCs) - Proceedings of a Colloquium
The present book contains five contributions relating to the introduction of Central Bank Digital Currencies (CBDCs), i.e., the digital form of state-issued legal tender. It is the by-product of a Colloquium jointly hosted by the Collegium Helveticum (the joint Institute for Advanced Studies of ETH Zurich, the University of Zurich and the Zurich ...
Christian Hofmann +4 more
openaire +2 more sources

