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| author | Christian Grothoff <christian@grothoff.org> | 2021-02-23 12:57:49 +0100 |
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| committer | Christian Grothoff <christian@grothoff.org> | 2021-02-23 12:57:49 +0100 |
| commit | 9ad1ede32c99c999a9feca1eeff231f44d687a27 (patch) | |
| tree | b2cb5eee2d51d233337ebc8cd3cf325daad6b6aa | |
| parent | c6403e3ecce3b0548a10e2da8f507bcb96e910b3 (diff) | |
| download | www-9ad1ede32c99c999a9feca1eeff231f44d687a27.tar.gz www-9ad1ede32c99c999a9feca1eeff231f44d687a27.tar.bz2 www-9ad1ede32c99c999a9feca1eeff231f44d687a27.zip | |
CBDC news
| -rw-r--r-- | www.yml | 5 |
1 files changed, 5 insertions, 0 deletions
@@ -29,6 +29,11 @@ staticfiles: - robots.txt meetingnotes: newsposts: + - page: 2021-02.html + date: 2021-02-23 + title: How to issue a Central Bank Digital Currency + abstract: With the emergence of Bitcoin and recently proposed stablecoins from BigTechs, such as Diem (formerly Libra), central banks face a choice of either leaving the field to private actors or offering their own digital alternative to physical cash. We do not address whether a central bank should issue a central bank digital currency (CBDC). Instead, we demonstrate how a central bank could do so, if desired or needed. We propose a token-based system without distributed ledger technology and show how earlier-deployed, software-only electronic cash can be improved upon to preserve transaction privacy, meet regulatory requirements in a compelling way, and offer a level of quantum-resistant protection against systemic privacy risk. Neither monetary policy nor financial stability would be materially affected because our CBDC would replicate physical cash rather than bank deposits. + content: - page: 2020-11.html date: 2020-10-25 title: RFC 8905 - "The 'payto' URI Scheme for Payments" published |