This paper develops a dynamic two-sided payments model with both heterogeneous households and merchants/firms to study: (1) The adoption of CBDC by households and firms, and (2) The impact of CBDC ...

This paper sketches a multi-year strategy to address frequently asked questions related to CBDC and outlines the process for developing a CBDC Handbook which will document emerging lessons, analytical ...

The U.S. Federal Reserve, by any measure the world’s most influential central bank, has finally waded into the debate with a paper clearly ... s Riksbank view a CBDC as providing a backstop ...

Additionally, that same year, the Fed took its first step toward weighing the use of a CBDC when it released a discussion ...

The Federal Reserve on Thursday issued its long-awaited paper exploring the benefits and negatives of a central bank digital currency (CBDC), as the debate over cryptocurrency regulation hits its ...

But in the scramble to block CBDCs, some people seem to have forgotten that there is a more fundamental problem: government-issued paper fiat is the parent of a CBDC, and whether it is in physical ...

What follows are some considerations ahead of the Fed’s discussion paper. In what way would CBDC differ from Bitcoin? From a taxonomy point of view, digital money is a currency not held in ...

Yet, instead of adopting the CBDC, Nigerian protesters are demanding paper money be restored. The country’s experience strongly suggests the average citizen understands that CBDCs present a ...

Fed officials – and its recently published white paper on CBDCs – have long held that the U.S. central bank will not, and indeed perhaps can not, issue a CBDC without further authorization ...

In that scenario, the U.S. would not only mint the coins and print paper bills but also issue digital cash, or a central bank digital currency (CBDC), that would be stored in apps or "digital ...

According to a letter circulating on X, Ripple’s intent was expressed in response to the Bank of Thailand’s 2021 discussion paper outlining the nation’s CBDC plans. In its response ...

The Bank of England has published a joint Consultation Paper with the government on a proposed central bank digital currency (CBDC) for the UK. All interested parties – including the public – are ...