Share

How Should Central Banks Explore Central Bank Digital Currency?

2023-09-08 Business & Economics
Download How Should Central Banks Explore Central Bank Digital Currency? PDF Online Free

Author :
Release : 2023-09-08
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

GET EBOOK


Book Synopsis How Should Central Banks Explore Central Bank Digital Currency? by : Gabriel Soderberg

Download or read book How Should Central Banks Explore Central Bank Digital Currency? written by Gabriel Soderberg. This book was released on 2023-09-08. Available in PDF, EPUB and Kindle. Book excerpt: Digitalization of the economy provides both challenges and opportunities. Central banks should ensure that they have the capacity to continue to meet their policy objectives in the digital age. It is in this context that central bank digital currency (CBDC) should be evaluated. If designed appropriately, CBDCs could allow central banks to modernize payment systems and future-proof central bank money as the pace and shape of digitalization continues to evolve. However, the decision to proceed with CBDC exploration and an eventual launch would need to be jurisdiction specific, depending on the degree of digitalization of the economy, the legal and regulatory frameworks, and the central bank’s internal capacity. This paper proposes a dynamic decision-making framework under which the central bank can make decisions under uncertainty. A phased and iterative approach could allow central banks to adjust the pace, scale, and scope of their CBDC projects as the domestic and international environment changes.

A Survey of Research on Retail Central Bank Digital Currency

2020-06-26 Business & Economics
Download A Survey of Research on Retail Central Bank Digital Currency PDF Online Free

Author :
Release : 2020-06-26
Genre : Business & Economics
Kind : eBook
Book Rating : 78X/5 ( reviews)

GET EBOOK


Book Synopsis A Survey of Research on Retail Central Bank Digital Currency by : Mr.John Kiff

Download or read book A Survey of Research on Retail Central Bank Digital Currency written by Mr.John Kiff. This book was released on 2020-06-26. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines key considerations around central bank digital currency (CBDC) for use by the general public, based on a comprehensive review of recent research, central bank experiments, and ongoing discussions among stakeholders. It looks at the reasons why central banks are exploring retail CBDC issuance, policy and design considerations; legal, governance and regulatory perspectives; plus cybersecurity and other risk considerations. This paper makes a contribution to the CBDC literature by suggesting a structured framework to organize discussions on whether or not to issue CBDC, with an operational focus and a project management perspective.

A Guide to Central Bank Digital Currency Product Development

2023-09-08 Business & Economics
Download A Guide to Central Bank Digital Currency Product Development PDF Online Free

Author :
Release : 2023-09-08
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

GET EBOOK


Book Synopsis A Guide to Central Bank Digital Currency Product Development by : Hervé Tourpe

Download or read book A Guide to Central Bank Digital Currency Product Development written by Hervé Tourpe. This book was released on 2023-09-08. Available in PDF, EPUB and Kindle. Book excerpt: As central bank digital currency (CBDC) projects progress around the world, there is increased need for a project management methodology that is appropriate for CBDC. This paper develops a CBDC-specific project management methodology that establishes a common terminology and offers guidance to development teams on best practices for addressing the complex requirements and risks associated with CBDC. It is centered on an original five-step approach called the “5P Methodology”: preparation, proof-of-concept, prototypes, pilots, and production. The methodology emphasizes a phased approach to CBDC research and development, with strong focus on research preparation, experimentation and testing, risk management, stakeholder engagement, and cyber resilience.

Central Bank Digital Currency—Initial Considerations

2023-11-14 Business & Economics
Download Central Bank Digital Currency—Initial Considerations PDF Online Free

Author :
Release : 2023-11-14
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

GET EBOOK


Book Synopsis Central Bank Digital Currency—Initial Considerations by : International Monetary Fund. Monetary and Capital Markets Department

Download or read book Central Bank Digital Currency—Initial Considerations written by International Monetary Fund. Monetary and Capital Markets Department. This book was released on 2023-11-14. Available in PDF, EPUB and Kindle. Book excerpt: The paper briefs the Executive Board on the initial considerations on CBDC. These cover a framework to guide countries’ CBDC exploration, as well as implications for monetary policy transmission, capital flow management measures, and financial inclusion.

Exploring Central Bank Digital Currencies: Concepts, Frameworks, Models, and Challenges

2024-03-07 Business & Economics
Download Exploring Central Bank Digital Currencies: Concepts, Frameworks, Models, and Challenges PDF Online Free

Author :
Release : 2024-03-07
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

GET EBOOK


Book Synopsis Exploring Central Bank Digital Currencies: Concepts, Frameworks, Models, and Challenges by : Kaur, Guneet

Download or read book Exploring Central Bank Digital Currencies: Concepts, Frameworks, Models, and Challenges written by Kaur, Guneet. This book was released on 2024-03-07. Available in PDF, EPUB and Kindle. Book excerpt: In the ever-evolving landscape of global finance, the rise of Central Bank Digital Currencies (CBDCs) has introduced a myriad of challenges that demand immediate scholarly attention. The accelerating pace of digital transformation, coupled with the intricate dynamics of these novel currencies, poses significant hurdles in their widespread adoption. From privacy concerns to the technological complexities involved, the academic community finds itself at the forefront of deciphering the multifaceted challenges inherent in the CBDC landscape. Addressing this imperative need for comprehensive analysis is the groundbreaking publication, Exploring Central Bank Digital Currencies: Concepts, Frameworks, Models, and Challenges. Within the pages of this compelling work, scholars will encounter a meticulous exploration of the intricate evolution of money, navigating from traditional barter systems to the digital era. The catalytic role of Bitcoin in reshaping the financial landscape serves as a cornerstone, laying the foundation for a profound understanding of the cryptocurrency fundamentals that underpin CBDCs. This book delves into the conceptual frameworks and technological models shaping CBDCs, aiming to illuminate the complex challenges faced by central banks, governments, and financial institutions in their pursuit of digital currency integration.

You may also like...