Related Books
Language: en
Pages: 22
Pages: 22
Type: BOOK - Published: 2023-11-14 - Publisher: International Monetary Fund
The paper briefs the Executive Board on the initial considerations on CBDC. These cover a framework to guide countries’ CBDC exploration, as well as implicati
Language: en
Pages: 51
Pages: 51
Type: BOOK - Published: 2020-11-20 - Publisher: INTERNATIONAL MONETARY FUND
This paper analyzes the legal foundations of central bank digital currency (CBDC) under central bank and monetary law. Absent strong legal foundations, the issu
Language: en
Pages: 42
Pages: 42
Type: BOOK - Published: 2016-01-20 - Publisher: International Monetary Fund
New technologies are driving transformational changes in the global financial system. Virtual currencies (VCs) and the underlying distributed ledger systems are
Language: en
Pages: 20
Pages: 20
Type: BOOK - Published: 2019-07-15 - Publisher: International Monetary Fund
This paper marks the launch of a new IMF series, Fintech Notes. Building on years of IMF staff work, it will explore pressing topics in the digital economy and
Language: en
Pages: 38
Pages: 38
Type: BOOK - Published: 2019-11-18 - Publisher: International Monetary Fund
We study the optimal design of a central bank digital currency (CBDC) in an environment where agents sort into cash, CBDC and bank deposits according to their p