Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/299722 
Year of Publication: 
2021
Series/Report no.: 
CIGI Papers No. 250
Publisher: 
Centre for International Governance Innovation (CIGI), Waterloo, ON, Canada
Abstract: 
As digital forms of payment become increasingly popular, especially during the COVID-19 pandemic, cash is no longer king. Central banks are turning their attention toward central bank digital currency (CBDC) to replace coins and bills and to provide other types of services through digital technology. CBDC can also facilitate cross-border transactions through the use of internationally accepted currencies such as the euro and the US dollar. This paper explores the many tailwinds and headwinds that will affect the implementation of a CBDC.
Creative Commons License: 
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Document Type: 
Working Paper

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