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- W2346657029 abstract "Innovations in digital payment technologies and digital currencies suggest that extending access to central bank money (CBM) to firms and individuals is now feasible. This paper focuses on a recent related debate regarding alternative organizational models for the payment system and their implications for the banking industry. One of the main conclusions is that extended access to CBM will likely create a centrifuge force in the financial system that might result in the unbundling of the banking functions." @default.
- W2346657029 created "2016-06-24" @default.
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- W2346657029 date "2016-04-01" @default.
- W2346657029 modified "2023-09-24" @default.
- W2346657029 title "Digital Central Bank Money and the Unbundling of the Banking Function" @default.
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- W2346657029 doi "https://doi.org/10.18235/0000300" @default.
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