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As a digital form of central bank-issued fiat currency, central bank digital currencies (CBDCs) have seen an explosive growth in interest over the past four years with each jurisdiction having its own unique blend of policy drivers and motivations. This article explores a few of the key policy drivers for the introduction of a retail CBDC (in the UK, specifically), which, when extrapolated more broadly, can also apply generally to other jurisdictions seeking similar policy outcomes.
Full Article Here
As a digital form of central bank-issued fiat currency, central bank digital currencies (CBDCs) have seen an explosive growth in interest over the past four years with each jurisdiction having its own unique blend of policy drivers and motivations. This article explores a few of the key policy drivers for the introduction of a retail CBDC (in the UK, specifically), which, when extrapolated more broadly, can also apply generally to other jurisdictions seeking similar policy outcomes.
Full Article Here