Positioning Central Bank Digital Currency in the Payments ...

Positioning Central Bank Digital Currency in the Payments Landscape

Summary. The IMF is frequently approached by central banks seeking guidance on the balance between central bank digital currency (CBDC), fast ...

The IMF is often approached with the question of how a retail central bank digital currency (CBDC) compares to fast payment systems (FPSs) and ...

Central bank digital currencies: motives, economic implications and ...

... position limits on a CBDC. While these designs would indeed ... Wang, Z (2021): “Tax compliance, payment choice, and central bank digital currency”, mimeo.

Central bank digital currencies: An active role for commercial banks

Some central banks perceive erosion in their role as payments innovators—thought leaders advancing next-generation models beyond today's cash ...

Central Bank Digital Currency (CBDC) - Federal Reserve Board

Like existing forms of money, a CBDC would enable the general public to make digital payments. As a liability of the Federal Reserve, however, a ...

Central bank digital currencies: A critical review - ScienceDirect.com

The Committee on Payments and Market Infrastructures (CPMI, 2015) was the first to consider CBDCs in the context of different types of money by examining the ...

Positioning Central Bank Digital Currency in the Payments Landscape

The IMF is frequently approached by central banks seeking guidance on the balance between central bank digital currency (CBDC), fast payment systems (FPS), ...

Consumer demand for central bank digital currency as a means of ...

The results of our analysis show that, while consumers may initially prefer to use more traditional payment methods, a design tailored to their ...

Central bank digital currencies and the international payment system

There is a strong belief that Central Bank Digital Currencies (CBDCs) have the potential to change the current monetary and financial set-up and address long- ...

Central Bank Digital Currency: Background Technical Note

The areas of interest include the impact of CBDC on: use of physical cash; access to central bank money, retail payment services provision, Government payments, ...

Positioning Central Bank Digital Currency in the Payments Landscape

The advent of digital stablecoins and the continuing decline of cash are prompting central banks across the world to explore developing their ...

critical evaluation of Central Bank Digital Currencies (CBDCs)

This article postulates that CBDCs, rather than merely heralding the return of the state in the realm of money and payments, constitute a final frontier.

The Future of Money and Payments - Treasury

Reflecting this position, central ... Lovejoy et al., A High Performance Payment Processing System Designed for Central Bank Digital Currencies (White Paper Feb.

Central Bank Digital Currencies for Cross-Border Payments

A central bank digital currency (CBDC) could well incorpo- rate options and features specifically designed to execute cross-border payments, with a view to ...

Hey, Economist! What's the Case for Central Bank Digital Currencies?

Is there a vacuum in the landscape of digital money and payments that central banks are naturally positioned to fill? In this post, Michael ...

The role of central banks in promoting digital payments in the ...

At the same time, both retail and wholesale central bank digital currencies (CBDCs) have been gaining momentum. ... position as a leader in ...

The road to digital money - Bank of Canada

Basically, central bank digital cash would act like current electronic payment methods. Only difference: it wouldn't be tied to a commercial bank the way bank ...

Central Bank Digital Currencies - CRS Reports

crypto to create a more efficient, central-bank-backed digital payment system. Within the mainstream financial system, digital payments are ...

The value added of central bank digital currencies: a view from the ...

Both the payment and the settlement will happen via the central bank directly. Furthermore, CBDCs could use new technology, such as distributed ...

Central Bank Digital Currencies: The United States' Global ... - KEEP

In recent years, there has been an accelerating demand for new electronic systems of payment including pressures for various forms of digital currency.