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Central bank digital currencies: motives, economic implications and the research frontier

Summary:
by Raphael Auer, Jon Frost, Leonardo Gambacorta, Cyril Monnet, Tara Rice and Hyun Song ShinThe paper gives a guided tour of the growing literature on the operational architectures for CBDCs, focusing on the technologies and the implications for privacy.

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by Raphael Auer, Jon Frost, Leonardo Gambacorta, Cyril Monnet, Tara Rice and Hyun Song Shin
The paper gives a guided tour of the growing literature on the operational architectures for CBDCs, focusing on the technologies and the implications for privacy.
International Settlement
The Bank for International Settlements (BIS) is an international company limited by shares owned by central banks which "fosters international monetary and financial cooperation and serves as a bank for central banks". The BIS carries out its work through subcommittees, the secretariats it hosts and through an annual general meeting of all member banks. It also provides banking services, but only to central banks and other international organizations. It is based in Basel, Switzerland, with representative offices in Hong Kong and Mexico City.

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