Transcription of Central bank digital currencies - Bank for International ...
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Central bank digital currencies - Bank for International ...
Committee on Payments and Market Infrastructures Markets Committee Central bank digital currencies March 2018 This publication is available on the BIS website ( ). Bank for International Settlements 2018. All rights reserved. Brief excerpts may be reproduced or translated provided the source is stated. ISBN 978-92-9259-142-7 (print) ISBN 978-92-9259-143-4 (online) Central bank digital currencies iii Foreword The history of Central banking began with payment services. Since then payment-related innovation has always been an integral part of Central banking.
transmission as well as the structure and stability of the financial system. Two main CBDC variants are analysed in this report: a wholesale and a general purpose one. The wholesale variant would limit access to a predefined group of users, while the general purpose one would be widely accessible.
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