Impending Arrival – A Sequel to the Survey on Central Bank Digital Currency

19 Pages Posted: 12 Feb 2020

See all articles by Codruta Boar

Codruta Boar

Bank for International Settlements (BIS) - Monetary and Economic Department

Henry Holden

Bank for International Settlements (BIS) - Committee on Payments and Market Infrastructures

Amber Wadsworth

Bank for International Settlements (BIS) - Committee on Payments and Market Infrastructures

Date Written: January 23, 2020

Abstract

Research and experimentation on central bank digital currencies continue to fuel discussion and debate. This BIS paper updates an earlier survey that asked central banks how their plans in this area are developing. The latest responses show emerging market economies reporting stronger motivations and a higher likelihood that they will issue digital currencies, with central banks representing a fifth of the world's population reportedly likely to issue very soon.

Keywords: central bank digital currencies, CBDC, digital innovation, money flower, cryptocurrencies, cryptoassets, financial inclusion

JEL Classification: E42, E58, O33

Suggested Citation

Boar, Codruta and Holden, Henry and Wadsworth, Amber, Impending Arrival – A Sequel to the Survey on Central Bank Digital Currency (January 23, 2020). BIS Paper No. 107, Available at SSRN: https://ssrn.com/abstract=3535896

Codruta Boar (Contact Author)

Bank for International Settlements (BIS) - Monetary and Economic Department ( email )

Centralbahnplatz 2
CH-4002 Basel
Switzerland

Henry Holden

Bank for International Settlements (BIS) - Committee on Payments and Market Infrastructures

Centralbahnplatz 2
Basel, Basel-Stadt 4002
Switzerland

Amber Wadsworth

Bank for International Settlements (BIS) - Committee on Payments and Market Infrastructures ( email )

Centralbahnplatz 2
Basel, Basel-Stadt 4002
Switzerland

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