IDEAS home Printed from https://ideas.repec.org/a/vrn/cfinrd/y2025i1p163-171.html
   My bibliography  Save this article

The Digital Future of Central Bank Money

Author

Listed:
  • Atanas Kamelarov

    (Department of Finance, University of Economics - Varna, Bulgaria)

Abstract

Nowadays the vast majority of money is in digital form. Except for banknotes and coins. But that's changing now and some central banks are already offering digital currencies to the public, the so-called Central Bank Digital Currency (CBDC). A number of reasons can be given for the interest of central banks in CBDC. Some of them are directly related to monetary policy, others can be explained by the willingness of central banks to keep pace with private sector innovations in the field of payment services, especially the emergence of digital assets such as stable coins. At the same time, there are differences in the disposition of central banks on two sides of the Atlantic towards the CBDC. In any case, the future of money is digital and physical cash will have a digital counterpart, including in Europe.

Suggested Citation

  • Atanas Kamelarov, 2025. "The Digital Future of Central Bank Money," Financial Navigator Journal (selected edition), University of Economics Varna, issue 1, pages 163-171.
    • Handle: RePEc:vrn:cfinrd:y:2025:i:1:p:163-171
    as

    Download full text from publisher

    File URL: https://journal-fn.ue-varna.bg/index.php/fnj/article/view/17/16
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:vrn:cfinrd:y:2025:i:1:p:163-171. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stoyan Kirov (email available below). General contact details of provider: https://edirc.repec.org/data/uevarbg.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.