Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
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  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Recent Central Bank Digital Currency Developments in Asia and Their Implications

Recent Central Bank Digital Currency Developments in Asia and Their Implications

Asian Development Bank

Paperback

AccountingInvesting & FinanceDatabases

ISBN10: 9292702807
ISBN13: 9789292702809
Publisher: Asian Development Bank
Published: Oct 30 2023
Pages: 80
Weight: 0.58
Height: 0.21 Width: 8.50 Depth: 11.00
Language: English
This publication analyzes the evolution of Central Bank Digital Currencies (CBDC) in Asia and the Pacific, assesses their potential risks and technical challenges, and shows 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 publicprivate collaboration, and fintech literacy are central to ensuring CBDCs help drive the transition to a digital economy.

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