CBDC

6 core principles of a CBDC

6 core principles for Central Banks when considering a CBDC 

The Bank of International Settlements gives three foundational principles for central banks considering whether to issue CBDC, that flow from their common mandates for monetary and financial stability. Do no harm CBDC should continue to fulfil public policy objectives and not interfere with or impede a central bank’s ability to carry out its mandate for …

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What is a CBDC ?

A Central Bank Digital Currency is an innovative, digital form of national money issued by a central bank that individuals and businesses can use to trade and make payments. It is different from a reserve, a bank deposit, and physical cash. History of cash Historically, central banks have provided notes and coins to the public …

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