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Technological Options for Implementing Central Bank Digital Currency and Its Potential Impacts on Financial Economy

Author

Listed:
  • Hicham Sadok

    (University Mohammed V, Rabat, Morocco)

Abstract

This chapter reviews the main technical and regulatory issues that would need to be faced in the event of a Central Bank's decision to operate a public digital currency scheme, also called a ‘central bank digital currency' (CBDC). It reviews in particular the conditions and motivations that might warrant such monetary innovation; its modalities of implementation; the effects of the CBDC issue on the financial stability and its consequences for monetary policy. In so doing, it addresses a gap in digital currency literature, thus far overly focused on private schemes, whilst neglecting the opportunities and challenges involved in a central bank-issued scheme.

Suggested Citation

  • Hicham Sadok, 2025. "Technological Options for Implementing Central Bank Digital Currency and Its Potential Impacts on Financial Economy," Post-Print hal-05731493, HAL.
  • Handle: RePEc:hal:journl:hal-05731493
    DOI: 10.4018/979-8-3693-9684-1.ch001
    as

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