Asian CBDCs on the rise: An in-depth analysis of developments and implications

Asian CBDCs on the rise: An in-depth analysis of developments and implications

In this paper, we present an in-depth analysis of Central Bank Digital Currencies (CBDCs), focusing on their definition, purpose, design considerations and recent developments. We also delve into the potential advantages of CBDCs for Asia, such as enhancing convenience, precisely quantifying economi...

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Bibliographic Details
Main Authors: David Kuo Chuen Lee, Chia Mei Shih, Jincheng Zheng
Format: Article
Language:English
Published: AIMS Press 2023-12-01
Series:Quantitative Finance and Economics
Subjects:
central bank digital currencies (cbdcs)
digital monetary system
fintech
financial inclusion
monetary innovation
Online Access:https://www.aimspress.com/article/doi/10.3934/QFE.2023032?viewType=HTML

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https://www.aimspress.com/article/doi/10.3934/QFE.2023032?viewType=HTML

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