IDEAS home Printed from https://ideas.repec.org/p/boj/bojlab/lab19e03.html
   My bibliography  Save this paper

Summary of the Report of the Study Group on Legal Issues regarding Central Bank Digital Currency

Author

Listed:
  • Kenji Hayashi

    (Bank of Japan)

  • Hiroyuki Takano

    (Bank of Japan)

  • Makoto Chiba

    (Bank of Japan)

  • Yasuhiro Takamoto

    (Bank of Japan)

Abstract

This article introduces the main findings of the Report of the Study Group on Legal Issues regarding Central Bank Digital Currency (CBDC). Based on four stylized models of CBDC issuance, the Report discusses what legal issues would arise within the Japanese legal framework if the Bank of Japan were to issue its own CBDC.

Suggested Citation

  • Kenji Hayashi & Hiroyuki Takano & Makoto Chiba & Yasuhiro Takamoto, 2019. "Summary of the Report of the Study Group on Legal Issues regarding Central Bank Digital Currency," Bank of Japan Research Laboratory Series 19-E-3, Bank of Japan.
  • Handle: RePEc:boj:bojlab:lab19e03
    as

    Download full text from publisher

    File URL: http://www.boj.or.jp/en/research/wps_rev/lab/lab19e03.htm
    Download Restriction: no

    More about this item

    Keywords

    central bank digital currency; CBDC; means of payment; central bank money; account-based; token-based; intermediating institution; legality; general acceptance; Bank of Japan Act; private law; administrative law; competition law; cyber law; criminal law;
    All these keywords.

    JEL classification:

    • G20 - Financial Economics - - Financial Institutions and Services - - - General
    • K14 - Law and Economics - - Basic Areas of Law - - - Criminal Law
    • K15 - Law and Economics - - Basic Areas of Law - - - Civil Law; Common Law
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • K22 - Law and Economics - - Regulation and Business Law - - - Business and Securities Law
    • K23 - Law and Economics - - Regulation and Business Law - - - Regulated Industries and Administrative Law
    • K24 - Law and Economics - - Regulation and Business Law - - - Cyber Law

    NEP fields

    This paper has been announced in the following NEP Reports:

    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:boj:bojlab:lab19e03. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Bank of Japan). General contact details of provider: http://edirc.repec.org/data/bojgvjp.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.