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The degrees of central bank digital currency adoption across countries: a preliminary analysis

Author

Listed:
  • Tu DQ Le
  • Son H Tran
  • Dat T Nguyen
  • Thanh Ngo

Abstract

This study empirically examines factors affecting the different stages of CBDC adoption using a sample of 55 countries engaged in CBDC projects from 2014 to 2021. The findings indicate that anti-money laundering and terrorist financing and the financial market development, inflation and technological factors are critical determinants of CBDC adoption at different stages.

Suggested Citation

  • Tu DQ Le & Son H Tran & Dat T Nguyen & Thanh Ngo, 2023. "The degrees of central bank digital currency adoption across countries: a preliminary analysis," Economics and Business Letters, Oviedo University Press, vol. 12(2), pages 97-104.
    • Handle: RePEc:ove:journl:aid:18948
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    File URL: https://reunido.uniovi.es/index.php/EBL/article/view/18948
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    References listed on IDEAS

    as
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    Full references (including those not matched with items on IDEAS)

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