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Central Bank Digital Currency : A Payments Perspective.

World Bank Open Knowledge Repository (formerly "World Bank E-Library Publications") Available online

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Format:
Book
Government document
Author/Creator:
World Bank Group.
Series:
Other Financial Sector Study.
World Bank e-Library.
Language:
English
Subjects (All):
Currencies and Exchange Rates.
Finance and Financial Sector Development.
Financial Regulation and Supervision.
Financial Stability.
Financial Structures.
Monetary Policy.
Local Subjects:
Currencies and Exchange Rates.
Finance and Financial Sector Development.
Financial Regulation and Supervision.
Financial Stability.
Financial Structures.
Monetary Policy.
Other Title:
Central Bank Digital Currency
Place of Publication:
Washington, D.C. : The World Bank, 2021.
System Details:
data file
Summary:
Payment and settlement systems and services have become vital components of the economic life of contemporary societies. Over the last decades, they have gone through several waves of reforms that have changed the landscape of the national payments system (NPS) in virtually every country in the world. Recently, the issuance of central bank digital currency (CBDC) has become a highly debated financial-sector topic worldwide. The international financial community is studying aspects of CBDC, from design to implementation, and implications for the financial system, including on policy, regulation, and oversight and the economy more broadly. This guidance note is intended to be used primarily by central banks and relevant public authorities considering the issuance of CBDC and by those institutions and individuals supporting them in this process.

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