Central Banks Retail Digital Currencies: Risks and Prospects of Emission

Monitoring of Russia's Economic Outlook. Trends and Challenges of Socio-economic Development. Moscow. 2020. No. 13, pp. 7-11

5 Pages Posted: 30 Sep 2020

Date Written: August 13, 2020

Abstract

Currently, there are several dozen countries worldwide, developing central bank digital currencies (CBDCs). However, their emission is associated not only with potential benefits, but also with significant risks. This explains the caution of the monetary authorities when making decisions to launch such projects.

Keywords: Russian economy, central banks, digital currencies

JEL Classification: E58

Suggested Citation

Sinelnikova-Muryleva, Elena, Central Banks Retail Digital Currencies: Risks and Prospects of Emission (August 13, 2020). Monitoring of Russia's Economic Outlook. Trends and Challenges of Socio-economic Development. Moscow. 2020. No. 13, pp. 7-11, Available at SSRN: https://ssrn.com/abstract=3673287

Elena Sinelnikova-Muryleva (Contact Author)

Gaidar Institute for Economic Policy ( email )

Gazetny per 3-5
Moscow, 125993
Russia

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