Central Bank Digital Currency : A Payments Perspective
Payment and settlement systems and services have become vital components of the economic life of contemporary societies. Over the last decades, they have gone through several waves of reforms that have changed the landscape of the national payments...
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| Format: | Report |
| Language: | English |
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World Bank, Washington, DC
2021
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| Online Access: | http://documents.worldbank.org/curated/undefined/965451638867832702/Central-Bank-Digital-Currency-A-Payments-Perspective http://hdl.handle.net/10986/36765 |
| Summary: | Payment and settlement systems and
services have become vital components of the economic life
of contemporary societies. Over the last decades, they have
gone through several waves of reforms that have changed the
landscape of the national payments system (NPS) in virtually
every country in the world. Recently, the issuance of
central bank digital currency (CBDC) has become a highly
debated financial-sector topic worldwide. The international
financial community is studying aspects of CBDC, from design
to implementation, and implications for the financial
system, including on policy, regulation, and oversight and
the economy more broadly. This guidance note is intended to
be used primarily by central banks and relevant public
authorities considering the issuance of CBDC and by those
institutions and individuals supporting them in this process. |
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