New Working Paper!
Posted on 08 January 2024
 
A new working paper (WP1/2024) by Srichander Ramaswamy is now available.

Retail CBDC so far has remained in Sandboxes. This working paper argues why they will continue to remain in Sandboxes so long the amounts one can hold is capped at a low level. Removing the cap on holdings, on the other hand, can raise many challenges for monetary policy, financial stability and central bank independence. If we want to avoid these outcomes, retail CBDC could largely remain a thought experiment. Click here to read the paper.


«  Back

The South East Asian Central Banks (SEACEN)Research and Training Centre 198201000672 (80416-M)

 

Contact Us

Level 5, Sasana Kijang
Bank Negara Malaysia
2 Jalan Dato' Onn
50480 Kuala Lumpur, Malaysia

Tel : (+603) 9195 1888
Email : enquiries@seacen.org
 

Courses

High Level Forums

Research

The SEACEN Centre Team

Online Seminars

Collaborative Events

About The SEACEN Centre