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Central Bank digital currencies: where do we stand? Where are we going?

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  • Christian de Boissieu

Abstract

Faced with the rise of cryptocurrencies, central banks are responding by launching their digital currencies. The purpose of this Policy Brief is to provide an update on the preparation of central bank digital currencies (CBDs) by monetary authorities, a process that concerns all emerging, developing, and more advanced countries. It is also about analyzing the conditions and some of the consequences (for banks, for financial inclusion, for the conduct of monetary policy...) of such a financial innovation, systematically distinguishing between wholesale and retail CBDCs.

Suggested Citation

  • Christian de Boissieu, 2023. "Central Bank digital currencies: where do we stand? Where are we going?," Policy briefs on Trade Dynamics and Policies 2301, Policy Center for the New South.
    • Handle: RePEc:ocp:pbtrad:pb_19_23
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    File URL: https://www.policycenter.ma/sites/default/files/2023-05/PB_19_23_Boissieu_en.pdf
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