Motives Matter: Examining Potential Tension in Central Bank Digital Currency Designs
Jesse Maniff
Payments System Research Briefing, 2020, 4
Abstract:
As a new central bank liability, central bank digital currency (CBDC) has the potential to address various issues within current payments and financial systems. The motivation behind a CBDC will determine how it is designed; a CBDC designed to achieve one goal, such as broader financial inclusion, may have difficulty achieving other objectives.
Keywords: Payments; Central Bank Digital Currency; Financial inclusion; Digital currencies; Central banking (search for similar items in EconPapers)
JEL-codes: E58 G21 G23 (search for similar items in EconPapers)
Date: 2020
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