The Tale of Three Investigations

Miles Au Yeung, Chief Markets Officer, eCurrency

Three papers evaluating the various CBDC design and implementation questions and options were published in February and March by the BIS, the Bank of Canada, and the Bank of England.

These and several other banks have issued analyses in the past about the definitions, drivers, objectives, principles and design considerations of CBDC. These three papers represent the latest maturing thinking, and explore the approaches to construct CBDC as a basis for further discussion and research, rather than proposals or decisions for a CBDC.


The attached paper below highlights where the three papers converge, supplement and offer different implementation choices along three categories of CBDC requirements.


Three_investigations
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