Economics · Monetary Economics & Central Banking
A topic within Monetary Economics & Central Banking, itself one of 10 topics in that field and part of Economics.
2 works
Bank for International Settlements
Sets out the case for central banks issuing their own digital currency rather than ceding the payments system to private and crypto alternatives, and the design choices that decide whether a CBDC preserves or undermines the two-tier banking system.
27 pageslink checked 17 Sept 2026Bank of England
Works through the practical design questions a central bank has to settle before issuing a digital currency — who can hold it, whether it pays interest, and how it would coexist with commercial bank deposits without destabilising them.
57 pageslink checked 17 Sept 2026