Central Bank Digital Currencies and Law

Forthcoming chapter in upcoming book, Istituto Affari Internazionali ed., Peter Lang

Duke Law School Public Law & Legal Theory Series No. 2020-58

13 Pages Posted: 4 Sep 2020 Last revised: 1 Oct 2020

Date Written: September 1, 2020

Abstract

This policy paper examines the legal issues surrounding a “retail” central-bank-issued digital currency (“CBDC”)—one that is used by consumers on a day-to-day basis as an alternative to cash. Most discussions about CBDC focus on its purported benefits and initial design questions. Little is written about how existing laws and regulations will extend to CBDCs or what new regulations will have to be implemented. This paper engages in that analysis.

Keywords: digital currency, CBDC

Suggested Citation

Schwarcz, Steven L., Central Bank Digital Currencies and Law (September 1, 2020). Forthcoming chapter in upcoming book, Istituto Affari Internazionali ed., Peter Lang, Duke Law School Public Law & Legal Theory Series No. 2020-58, Available at SSRN: https://ssrn.com/abstract=3684814

Steven L. Schwarcz (Contact Author)

Duke University School of Law ( email )

210 Science Drive
Box 90362
Durham, NC 27708
United States
919-613-7060 (Phone)
919-613-7231 (Fax)

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