Would the introduction of a Central Bank Digital Currency (CBDC) lead to lower deposits (disintermediation) and lending in the banking sector? This paper develops a model where households ...

A central bank digital currency (CBDC) is a form of digital currency issued by a country's central bank. It is similar to cryptocurrencies, except that its value is fixed by the central bank and ...

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 ...

A central bank digital currency (CBDC) is a blockchain-based digital form of fiat currency issued and managed by a central bank. As CBDCs are essentially a blockchain-powered version of a country ...

Philip Lane, chief economist of the European Central Bank, recently expressed urgency for the need to develop a digital ... the global reserve currency. The most common denomination of U.S ...

But some social media users are misinterpreting aspects of the directive. A central bank digital currency is "virtual money backed and issued by a central bank," according to the Atlantic Council ...

House Republicans are set to pass a bill that will block the Federal Reserve from implementing a central bank digital ...

The research by the U.S.-based Atlantic Council think-tank published on Tuesday showed that all G20 nations are now looking into central bank digital currencies (CBDCs) as they are known and that ...

Brazil's Central Bank (BCB) Monday announced a new digital currency for South America''s largest country, which will be called “Drex” and is not expected to reach account holders before late ...

The author and editors take ultimate responsibility for the content. A central bank digital currency (CBDC) is a digital version of government-backed, fiat money. This type of digital currency is ...

What Does Central Bank Digital Currency Mean? A Central Bank Digital Currency is a digital form of a country's fiat currency issued by its central bank. Unlike cryptocurrencies, CBDCs are ...