Central Bank Digital Currencies: A Framework for Assessing Why and How

  title={Central Bank Digital Currencies: A Framework for Assessing Why and How},
  author={B. Fung and Hanna Halaburda},
  journal={ERN: Other Monetary Economics: Central Banks - Policies \& Impacts (Topic)},
  • B. Fung, Hanna Halaburda
  • Published 2016
  • Business
  • ERN: Other Monetary Economics: Central Banks - Policies & Impacts (Topic)
Digital currencies have attracted strong interest in recent years and have the potential to become widely adopted for use in making payments. Public authorities and central banks around the world are closely monitoring developments in digital currencies and studying their implications for the economy, the financial system and central banks. One key policy question for public authorities such as a central bank is whether or not to issue its own digital currency that can be used by the general… Expand
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