Central Bank Digital Currencies : The Future of Money.

Bibliographic Details
Main Author:	Lloyd, Michael
Format:	eBook
Language:	English
Published:	Newcastle upon Tyne : Agenda Publishing, 2023.
Subjects:	Digital currency. Banks and banking, Central. Electronic books.
Online Access:	Connect to the full text of this electronic book

Table of Contents:

Intro
Title Page
Copyright
Contents
Introduction
1. Retail and wholesale CBDCs
The changing environment for monetary payments
The response of state regulators
Current monetary system architecture and wholesale CBDCs
Conclusion
2. Domestic monetary and legal implications
Public money vs private money
The problem of stablecoins
The regulatory liability network
The risks from the potential introduction of private money
Implications of retail CBDCs for citizens
Design options for CBDCs
Consumer access to the CBDC
Legal implications
Monetary policy implications
Cross-border payments
Conclusion
3. Technology
Central vs decentralized databases
Distributed ledger technology
Blockchain
Commercial technology choices for central banks
Smart contracts and programmability
CBDC design options and technology platform choices
Regulatory liability network
Cross-border payments
Conclusion
4. Impact on the commercial banking sector
Commercial banking
CBDCs and the commercial banking system
Commercial bank reaction to CBDCs
The role of credit card providers
Other monetary system reform options
Assessment of relative impacts
Conclusion
5. The regional and international nexus
The new global political economy
China
The United States
EU digital euro
Competing CBDCs
Digital currency areas
Cross-border wCBDC development
A global digital reserve currency/unit of account
Conclusion
6. The future of money: the next decade
Money in the digital age
Reforming domestic monetary systems
The role of distributed ledger technology
Political economy and society
A global perspective
Appendix 1: Retail CBDC case studies
Appendix 2: Wholesale CBDC: cross-border examples
References
Index