So far, Central Bank Digital Currencies have failed
(2024)
Journal Article
Dowd, K. (2024). So far, Central Bank Digital Currencies have failed. Economic Affairs, 44(1), 71-94. https://doi.org/10.1111/ecaf.12621
This article examines the experiences of Central Bank Digital Currencies (CBDCs) implemented so far. To date, CBDCs have been implemented in two countries (Finland and Ecuador) where they have failed and been abandoned. They have also been implemente... Read More about So far, Central Bank Digital Currencies have failed.