central bank digital currencies (CBDCs). There are important implications from the rise of fintech and the introduction of …

central bank digital currencies (CBDCs). There are important implications from the rise of fintech and the introduction of …

payment services. In the process they became also suppliers of commercial bank money, now only in the form of bank deposits … about to facilitate the availability of central bank money balances or their equivalent to the public. Second … availability to the public of central bank money, in the form of either full-reserve banking or plain sovereign money, is unlikely …