The Evolving Role of Central Banks in the Digital Economy: Challenges, Opportunities, and CBDCs The digital economy has revolutionized various aspects of our lives, including the financial sector. Central banks, as the key institutions responsible for monetary policy...
Introduction Central bank digital currencies (CBDCs) are digital versions of a country’s national currency that are issued and backed by the central bank. With the increasing interest and research in CBDCs by central banks, it is crucial to understand the...