Recent Central Bank Digital Currency Developments in Asia and Their Implications

This book PDF is perfect for those who love Computers genre, written by Asian Development Bank and published by Asian Development Bank which was released on 01 August 2023 with total hardcover pages 158. You could read this book directly on your devices with pdf, epub and kindle format, check detail and related Recent Central Bank Digital Currency Developments in Asia and Their Implications books below.

Recent Central Bank Digital Currency Developments in Asia and Their Implications
Recent Central Bank Digital Currency Developments in Asia and Their Implications
Author : Asian Development Bank
File Size : 53,9 Mb
Publisher : Asian Development Bank
Language : English
Release Date : 01 August 2023
ISBN : 9789292702816
Pages : 158 pages
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Recent Central Bank Digital Currency Developments in Asia and Their Implications by Asian Development Bank Book PDF Summary

This publication analyzes the evolution of Central Bank Digital Currencies (CBDC) in Asia and the Pacific, assesses their potential risks and technical challenges, and explores their potential to improve cross-border payments and financial inclusion. Ahead of the launch of any large-scale Asian CBDC, it details various models and explores how Cambodia, the People’s Republic of China, Singapore, and Thailand are taking the lead. Outlining global developments and emerging trends, it shows why a robust digital infrastructure, strong public-private collaboration, and fintech literacy are central to ensuring CBDCs help drive the transition to a digital economy.

Recent Central Bank Digital Currency Developments in Asia and Their Implications

Recent Central Bank Digital Currency Developments in Asia and Their Implications by Asian Development Bank

This publication analyzes the evolution of Central Bank Digital Currencies (CBDC) in Asia and the Pacific, assesses their potential risks and technical challenges, and explores their potential to improve cross-border payments and financial inclusion. Ahead of the launch of any large-scale Asian CBDC, it details various models and explores how

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Central Bank Digital Currency and Fintech in Asia

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This book provides a thorough introduction and historical overview of the principles and practices of digital currency and fintech in Asia. It covers the theory of central bank digital currency and examines regulatory aspects, economic digitalization, financial inclusion, and the role of SMEs. Selected case studies offer in-depth insights into

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This paper synthesizes four lessons from the experiences of six Asian e-money schemes for central banks as they consider adopting central bank digital currency (CBDC): (i) CBDC should embody four attributes: trust, convenience, efficiency, and security; (ii) CBDC service providers can facilitate CBDC adoption through four channels: leveraging digital technology,

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