Published on Wednesday, November 15, 2017 | Updated on Sunday, May 13, 2018

Central Bank Digital Currencies: a new challenge for banking

CBDCs are Central Bank-issued instruments that combine cryptography and DLTs to achieve four possible goals: improve interbank settlement, digitize cash to improve efficiency in payments, develop a new monetary policy tool to overcome zero-bound interest rates and increase surveillance and reduce financial system instability.

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