{
  "title": "Central Bank Digital Currency: Progress And Further Considerations",
  "publication": "Policy Papers, November 8, 2024",
  "sourceUrl": "https://www.imf.org/en/publications/policy-papers/issues/2024/11/08/central-bank-digital-currency-progress-and-further-considerations-557194",
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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 paymen",
  "sections": [
    {
      "heading": "Executive summary",
      "content": "- The paper briefs the Executive Board on the further considerations on CBDC.\n- Coverage areas listed: 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; cross-border payments with retail CBDC."
    },
    {
      "heading": "Positioning of CBDC in the payments landscape",
      "content": "- The paper addresses how CBDC should be positioned vis-à-vis other payment instruments and payment systems."
    },
    {
      "heading": "Cyber resilience of the CBDC ecosystem",
      "content": "- The paper addresses cyber resilience considerations for the CBDC ecosystem."
    },
    {
      "heading": "CBDC adoption",
      "content": "- The paper addresses issues related to CBDC adoption."
    },
    {
      "heading": "CBDC data use and privacy protection",
      "content": "- The paper addresses CBDC data use and privacy protection."
    },
    {
      "heading": "Implications for monetary policy operations",
      "content": "- The paper addresses implications of CBDC for monetary policy operations."
    },
    {
      "heading": "Cross-border payments with retail CBDC",
      "content": "- The paper addresses cross-border payments considerations when retail CBDC is involved."
    },
    {
      "heading": "Subject and keywords",
      "content": "- Subject: Central Bank digital currencies, Central banks, Digital financial services, Financial markets, Monetary base, Monetary policy, Money, Payment systems, Technology\n- 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\n\n---\n\n Content in this bundle\n\n- Policy Paper\n  - Policy Paper (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - Policy Paper (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/policy-papers/issues/2024/11/08/central-bank-digital-currency-progress-and-further-considerations-557194"
    }
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    "Published: November 8, 2024",
    "Series: Policy Papers",
    "DOI: https://doi.org/10.5089/9798400293252.007",
    "The paper briefs the Executive Board on the further considerations on CBDC.",
    "Coverage areas listed: 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; cross-border payments with retail CBDC.",
    "The paper addresses how CBDC should be positioned vis-à-vis other payment instruments and payment systems.",
    "The paper addresses cyber resilience considerations for the CBDC ecosystem.",
    "The paper addresses issues related to CBDC adoption.",
    "The paper addresses CBDC data use and privacy protection.",
    "The paper addresses implications of CBDC for monetary policy operations.",
    "The paper addresses cross-border payments considerations when retail CBDC is involved.",
    "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",
    "**Policy Paper**"
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