Central Bank Digital Currencies : Status quo, evolutions and possible variants of implementation

Jäger, Clemens and Akbay, Serkan and Jäger, Tina and Ledwon, Andreas (2022) Central Bank Digital Currencies : Status quo, evolutions and possible variants of implementation. GAZDASÁG ÉS TÁRSADALOM, 15 (2). pp. 3-23. ISSN 0865-7823

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Abstract

The development in payment behavior, especially the steady growth of electronic payments, by all economic actors as well as the emergence of alternative payment methods has pushed policy makers and central banks to react to this development. CBDCs are currently being conceptually developed in all major economies and the individual design options are being discussed. This paper presents the current status quo, possible forms of development and the possibilities of implementation.

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