Reflections on the Rise and Fall of CBDC
At the recent CBDC Conference in Istanbul a number of key themes emerged. That the given focus of this event, as its name indicates, is predominantly on Central Bank Digital Currency (CBDC), these themes were in sharper contrast to the subsequent Digital Currency Conference in London, which had a broader remit.
Free - October 15, 2024 midnight Read MoreDo Central Banks Have What It Takes to Run CBDCs?
The International Monetary Fund (IMF) has issued a paper considering the security of Central Bank Digital Currency (CBDC). While there are frequent papers covering CBDCs and design features affecting privacy, financial inclusion, and the impact on monetary policy, it is rare for security to be covered. The paper lays out why and how a CBDC is different from existing digital payments and reviews the risks they face.
CBDC - September 23, 2024 midnight Read MoreIMF Mission Guides the Dominican Republic on a CBDC
In June and September 2023, the International Monetary Fund (IMF) provided support to the Banco Central de la República Dominicana (BCRD) to explore CBDC.
CBDC - September 23, 2024 midnight Read MoreSelf-Sovereign Centralised ID – the Key to CBDCs?
A recent article in Forbes makes the case for Self-Sovereign Decentralised Identity to be used to address privacy issues with CBDCs.
CBDC - September 23, 2024 midnight Read MoreMeeting the Challenge Facing Retail Money
The Bank of Canada has issued a staff discussion paper considering the role of retail public money at a time when new technology and new participants, some non-financial firms, are entering the process of money creation.
Free - August 21, 2024 midnight Read MoreHolding Limits Can Optimise CBDC Benefits
A paper by two academics from King’s Business School and the University of Liverpool and by a central banker from the Bundesbank explores the complexity around disintermediation, modelling different outcomes.
CBDC - July 23, 2024 midnight Read MoreCross-Border Payments with a Retail CBDC
The latest Bank for International Settlements report shows research into wholesale CBDC overtaking that of retail CBDCs.
CBDC - July 1, 2024 midnight Read More