This paper analyzes the legal foundations of central bank digital currency (CBDC) under central bank and monetary law. Absent strong legal foundations, the issu
Against the backdrop of a rapidly digitalizing world, there is a growing interest in central bank digital currencies (CBDCs) among central banks, including in t
The level and trend in cash use in a country will influence the demand for central bank digital currency (CBDC). While access to digital currency will be more c
Following the companion paper on the new policy challenges related to the adoption of digital forms of money, this paper presents an operational strategy for th
The value of global cashless payments has been radically increasing worldwide. Despite cash being the most used payment instrument in the world, technological i