Arbeitspapier

Central Bank digital currencies: A framework for assessing why and how

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 public to make payments. There are several public policy arguments for a central-bank-issued digital currency. This paper proposes a framework for assessing why a central bank should consider issuing a digital currency and how to implement it to improve the efficiency of the retail payment system.

Sprache
Englisch

Erschienen in
Series: Bank of Canada Staff Discussion Paper ; No. 2016-22

Klassifikation
Wirtschaft
Demand for Money
Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems
Thema
E-money
Financial Services
Payment clearing and settlement systems

Ereignis
Geistige Schöpfung
(wer)
Fung, Ben Siu-cheong
Halaburda, Hanna
Ereignis
Veröffentlichung
(wer)
Bank of Canada
(wo)
Ottawa
(wann)
2016

DOI
doi:10.34989/sdp-2016-22
Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Fung, Ben Siu-cheong
  • Halaburda, Hanna
  • Bank of Canada

Entstanden

  • 2016

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