Central Bank Digital Currencies: a new challenge for banking
Published on Wednesday, November 15, 2017 | Updated on Sunday, May 13, 2018
Central Bank Digital Currencies: a new challenge for banking
Summary
CBDCs are Central Bank-issued instruments that combine cryptography and DLTs to achieve four possible goals: improve interbank settlement, digitize cash to improve efficiency in payments, develop a new monetary policy tool to overcome zero-bound interest rates and increase surveillance and reduce financial system instability.
Geographies
- Geography Tags
- Global
Topics
- Topic Tags
- Digital Regulation
- Digital Economy
Tags
- Tags
- bank digital
- CBDCs
Authors
Santiago Fernández de Lis
BBVA Regulation - Head of Regulation