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This fintech note presents an analysis of the implications of central bank digital currency (CBDC) for monetary policy. In our framework, the implications of CBDC issuance on monetary policy are ...
While the central bank law issue can be solved through rather straithforward law reform, the monetary law issue poses fundmental legal policy challenges. Extension of the Period for Consent to ...
The prototype created for the study showed there's even the possibility of central bank monetary policy working even better under a decentralized financial system. The project came out of work ...
A joint study by the Federal Reserve Bank of New York and the Bank for International Settlements found that a shift to ...
NEW YORK (Reuters) -Central banks should still be able to conduct monetary policy effectively and perhaps be even nimbler in a more decentralized financial system, according to the findings of a ...