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Retail Central Bank Digital Currencies: core assumptions and legal implications

19 March 2024 / Author(s): Phoebus L Athanassiou
Issue: June 2023 / Categories: Feature

This article explores two of the main assumptions underlying the public reflections of central banks on the topic of retail CBDCs, namely that these would qualify as money and would represent a claim on the balance sheet of their issuing central bank. The article also draws attention to the importance of understanding the impact on retail CBDCs of the legal analysis of different CBDC models.

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