BOE to Consider Changes in Payments in CBDC Decision

"Bank of England (BoE) Deputy Governor for Financial Stability Sarah Breeden repeated on Monday that the BoE has not yet decided on issuing a central bank digital currency (CBDC). She added the bank will take into account the evolution of the use of cash in retail,...

Financial Stability Implications of CBDC

"A Central Bank Digital Currency (CBDC) is a form of digital money that is denominated in the national unit of account and constitutes a direct liability of the central bank. We examine the financial stability risks and benefits of issuing a CBDC under different...