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 ...

In the analysis, the IMF reviewed the implications for the financial stability of a central bank issuing a digital currency to the public. It addressed some critical issues regarding design ...

Research is underway at the Bank of Canada, because exploring the idea of a central bank digital currency makes sense. In theory, it could provide the safety of cash, with the convenience of modern ...

International Monetary Fund. Monetary and Capital Markets Department "Central Bank Digital Currency: Progress And Further Considerations", Policy Papers 2024, 052 ...

By Korede SOTUBO The emergence of Central Bank Digital Currencies (CBDCs) introduces transformative potential for international business, particularly by enhancing cross-border transaction efficiency, ...

future forms of digital currency could offer more options in areas such as automatic payments. "Commercial bank money, i.e. the banking system, is the best home for that innovation," Bailey said.