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Central bank digital currency adoption challenges- The case of an emerging nation

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  • Alora, Aswin
  • Sahoo, Poonam
  • Sasidharan, Aghila

Abstract

This study presents a novel, thorough approach for central banks to identify and rate digital currency adoption obstacles. The study uses AHP and ANP to identify and prioritise CBDC adoption issues in two phases. The biggest hurdles identified are economic, technical, and financial.

Suggested Citation

  • Alora, Aswin & Sahoo, Poonam & Sasidharan, Aghila, 2024. "Central bank digital currency adoption challenges- The case of an emerging nation," Finance Research Letters, Elsevier, vol. 59(C).
    • Handle: RePEc:eee:finlet:v:59:y:2024:i:c:s1544612323011285
    DOI: 10.1016/j.frl.2023.104756
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    References listed on IDEAS

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    Cited by:

    1. Xiao, Zumian & Niu, Yiran & Xiang, Lijin & Cui, Yingshuo, 2024. "Central bank digital currency and corporate debt financing costs: Empirical evidence from China," Finance Research Letters, Elsevier, vol. 69(PB).

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