question for public authorities such as a central bank is whether or not to issue its own digital currency that can be used by … the general public to make payments. There are several public policy arguments for a central-bank-issued digital currency …. This paper proposes a framework for assessing why a central bank should consider issuing a digital currency and how to …

financial system and perhaps the wider economy. This paper addresses the question of whether a central bank should issue digital … currency that could be used by the general public. It begins by discussing the possible motivations for a central bank to issue … a digital currency. The paper then sets out a benchmark central bank digital currency (CBDC) with features that are …