Central Bank Digital Currency—Initial Considerations

Author: International Monetary Fund. Monetary and Capital Markets Department, International Monetary Fund. Legal Dept., and International Monetary Fund. Research Dept.

Volume/Issue: Volume 2023 Issue 048

Publication date: November 2023

ISBN: 9798400259210

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Topics covered in this book

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Banks and Banking , Finance , Money and Monetary Policy , Political Economy , Central bank digital currency , initial considerations , Handbook , capacity development , collaboration , CBDC handbook , CBDC Fintech Notes , IMF Fintech Notes , transparency policy , CBDC design , handbook chapter , Central Bank digital currencies , Financial inclusion , Payment systems , Monetary base , Central bank mandate , Global

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Summary

The paper briefs the Executive Board on the initial considerations on CBDC. These cover a framework to guide countries’ CBDC exploration, as well as implications for monetary policy transmission, capital flow management measures, and financial inclusion.