John Winchcombe
Editor
Wednesday, March 26, 2025
Categories
CBDC
Legal Developments Needed for a Token-Based CBDC
Account-based Central Bank Digital Currency (CBDC) is not a radical departure from existing forms of money. While there is a need to amend and develop existing public law in the form of central bank and monetary law for CBDC, tokenbased CBDC represent a new form of money. The IMF has already written about account-based CBDC. It has now issued a paper on the private law framework needed for a retail token-based CBDC.
Premium Subscription Required
This article is reserved for our Premium level or higher subscribers
A Premium or higher level subscription gives you access to all the articles on this website.