We introduce a digital currency, either as a central bank digital currency (CBDC) or a financial crypto asset …

In this study, we provide a systemic perspective on central bank digital currencies (CBDC). We separate existing … payment systems, operated by central banks. From a systemic perspective, CBDC proposals need to be examined to see how they … holding bank deposits and CBDCs. In addition to the CBDC payment objects, we also present the option of a store-of-value CBDC …