Policy Papers

Central Bank Digital Currency: Progress And Further Considerations

November 8, 2024

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Format: Chicago

International Monetary Fund. Monetary and Capital Markets Department "Central Bank Digital Currency: Progress And Further Considerations", Policy Papers 2024, 052 (2024), accessed 12/5/2025, https://doi.org/10.5089/9798400293252.007

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Summary

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.

Subject: Central Bank digital currencies, Central banks, Digital financial services, Financial markets, Monetary base, Monetary policy, Money, Payment systems, Technology

Keywords: Adoption, Capacity development, CBDC, CBDC adoption, CBDC data, CBDC design, CBDC system, Central bank digital currencies, Collaboration, Cross-border payments, Cyber resilience, data use, Data use and privacy protection, Digital financial services, Global, Monetary base, Monetary operations, Payment systems, position CBDC vis-à-vis, Positioning CBDC

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