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- W4251624957 abstract "Significance Fed Chair Jerome Powell is lukewarm on digital currencies but the multiple impacts of COVID-19, and the progress of China and other states on CBDCs, have reignited calls for a digital dollar. Impacts A CBDC will give governments a new policy tool, allowing the distribution and monitoring of aid nationally and internationally. Governments will have to collaborate closely with private-sector technology platforms to bring a CBDC to the masses. A digital yuan or dollar will foster the digitalisation of assets and pave the way for more regulatory scrutiny of cryptocurrencies. A digital euro is at a similar stage to a digital dollar; the first CBDC will see the EU accelerating its plan to digitalise the euro." @default.
- W4251624957 created "2022-05-12" @default.
- W4251624957 date "2020-10-14" @default.
- W4251624957 modified "2023-10-17" @default.
- W4251624957 title "Central bank digital currency launch is getting closer" @default.
- W4251624957 doi "https://doi.org/10.1108/oxan-db256845" @default.
- W4251624957 hasPublicationYear "2020" @default.
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