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This paper reviews the recent advances in central bank digital currency research in a way that would help researchers, policy makers and practitioners to take a closer look at central bank digital currency (CBDC). The review shows a general consensus that a central bank digital currency is a...
Persistent link: https://www.econbiz.de/10015264576
This paper reviews the recent advances in central bank digital currency research in a way that would help researchers, policy makers and practitioners to take a closer look at central bank digital currency (CBDC). The review shows a general consensus that a central bank digital currency is a...
Persistent link: https://www.econbiz.de/10015268739
This paper discussed the opportunities and risks of central bank digital currency (CBDC) in Nigeria, also known as the eNaira or e-Naira. The opportunities which CBDC present to Nigeria include, improved monetary policy transmission, efficient payments and increased financial inclusion. Some of...
Persistent link: https://www.econbiz.de/10015256870
Nigeria is the first African country to issue a central bank digital currency (CBDC) or fiat digital currency. This paper discussed the features, opportunities and risks of the central bank digital currency (CBDC) in Nigeria, also known as the eNaira or e-Naira. The opportunities which CBDC...
Persistent link: https://www.econbiz.de/10015257968
Nigeria became the first African country to issue a central bank digital currency (CBDC) or fiat digital currency. It was pioneered by Project Giant. This paper discussed the features, opportunities and risks of the central bank digital currency (CBDC) in Nigeria, also known as the eNaira or...
Persistent link: https://www.econbiz.de/10015257978
Nigeria is the first African country to issue a central bank digital currency (CBDC) or fiat digital currency. The eNaira CBDC was issued as a money equivalent to be used alongside with paper Naira. This paper identifies the features, opportunities and risks of the central bank digital currency...
Persistent link: https://www.econbiz.de/10015259036
Nigeria is the first African country to issue a central bank digital currency (CBDC) or fiat digital currency called the eNaira. The eNaira CBDC was issued as a money equivalent to be used alongside with paper Naira. This paper presents the features, opportunities and risks of the central bank...
Persistent link: https://www.econbiz.de/10015259128
This paper presents the arguments for and against central bank digital currency increasing financial inclusion. Financial inclusion is arguably one of the many reasons for issuing a central bank digital currency. The arguments in support of CBDC increasing financial inclusion are that CBDC can...
Persistent link: https://www.econbiz.de/10015260230
Nigeria is the first African country to issue a central bank digital currency (CBDC) or fiat digital currency called the eNaira. The eNaira CBDC was issued as a money equivalent to be used alongside with paper Naira. This paper presents the features, opportunities and risks of the central bank...
Persistent link: https://www.econbiz.de/10015264568
This article presents a discussion of the role of central bank digital currency (CBDC), Fintech and cryptocurrency for financial inclusion and financial stability. We show that Fintech, CBDC and cryptocurrency can increase financial inclusion by providing an alternative channel through which...
Persistent link: https://www.econbiz.de/10015269166