"In that context [competitive pressure], CBDCs could be seen as a potential public policy solution to preserve the role of public money and monetary sovereignty in the fast-evolving digitalised economy. ..." https://europarl.europa.eu/cmsdata/265568/EN_%20Background%20notes%202023%20EPW.pdf

#digitalEuro #CBDC #digitalcurrency #retailCBDC #cryptoassets #digitalassets #fintech #banking #financialservices #payments #digitalfinance #paymentsystems #crossborderpayments #regulation #cyberrisk #EuropeanParliament #Europarl #Europe #Euroarea #centralbanks

The digital pound − speech by Jon Cunliffe

Given at UK Finance

Raphael Auer, Giulio Cornelli and Jon Frost, Rise of the central bank digital currencies: drivers, approaches and technologies (Updated dataset on CBDC Projects Around the World), January 23, 2023

— Available here: https://www.bis.org/publ/work880.htm

#CBDC #retailcbdc #wholesalecbdc #digitalcurrency #paymentsystems #banking #financialservices #centralbanks #BIS

Rise of the central bank digital currencies: drivers, approaches and technologies

Central bank digital currencies (CBDCs) are receiving more attention than ever before. Yet the motivations for issuance vary across countries, as do the policy approaches and technical designs. We investigate the economic and institutional drivers of CBDC development and take stock of design efforts. We set out a comprehensive database of technical approaches and policy stances on issuance, relying on central bank speeches and technical reports. Most projects are found in digitised economies with a high capacity for innovation. ...