The paper briefs the Executive Board on the further considerations on CBDC. These cover the positioning of CBDC in the payments landscape, cyber resilience of the CBDC ecosystem, CBDC adoption, CBDC data use and privacy protection, implications for monetary policy operations, and cross-border payments with retail CBDC.
- DOI
- https://doi.org/10.5089/9798400293252.007
- ISBN
- 9798400293252
- ISSN
- 2663-3493
- Issue
- 052
- Pages
- 24
- Published in
- United States of America
- Series
- Policy Paper No. 2024/052
- StockNumber
- PPEA2024052
- Volume
- 2024
Table of Contents
- International Monetary Fund 1
- Washington D.C. 1
- EXECUTIVE SUMMARY 2
- INTRODUCTION 6
- CURRENT CBDC LANDSCAPE 7
- MAIN MESSAGES FROM NEW HANDBOOK CHAPTERS 9
- A. Objectives and Requirements 9
- Positioning CBDC in the Payment Landscape 9
- Cyber Resilience of CBDC 11
- B. Design Consideration and Choices 13
- CBDC Adoption 13
- Data Use and Privacy Protection 15
- C. Macro-Financial Implications 17
- Monetary Operations 18
- Cross-Border Payments with rCBDC 19
- CONCLUSION AND NEXT STEPS 21
