BankingFrench political uncertainty risks affecting the UK economyJune 26, 202492Political uncertainty in France risks creating contagion effects in the UK. British banks are exposed to French debt. France is...
CurrenciesWhat London’s Oyster cards reveal about central bank digital currenciesJanuary 2, 2024126Central bank digital currencies (CBDC) leave a trail that can be easily tracked. A key question is how much people...
CurrenciesWill CBDCs lead to bank disintermediation?May 5, 2023109Figure 1 demonstrates the impact of the CBDC interest rate (i_e) on the deposit rate, loan rate, and their difference (presented...
CurrenciesHow is the “world’s most advanced central bank digital currency” progressing?November 22, 202250In October 2020, the Bahamas launched its central bank digital currency (CBDC), called the “sand dollar”. The sand dollar project...
CurrenciesThe likely impact of central bank digital currencies on quantitative easingApril 27, 202165Many central banks are considering launching digital currencies. Far from a simple technological innovation, central bank digital currencies (CBDC) might...
CurrenciesCentral bank digital currency – nine key questions answeredDecember 15, 202059Central bank digital currency is turning into a pre-occupation of central banks and much of the fintech world. Hundreds of...
CurrenciesChina’s central bank has taken the lead in digital currencies. What does it mean for businesses?August 3, 202088As if Covid-19 and the trade war hasn’t done enough to upend global business between the US and China, yet...
CurrenciesCentral bank digital currency: the devil is in the detailsMay 26, 202040In the public debate over central bank digital currencies (CBDCs), the design is often implicitly assumed or overlooked. We outline...