Publication Type
Blog Post
Version
acceptedVersion
Publication Date
5-2024
Abstract
Welcome to our new blog series on “Central Bank Digital Currencies for Financial Inclusion” co-authored by Professor Heng Wang of the Yong Pung How School of Law, Singapore Management University.In this series, we delve into the world of central bank digital currencies (CBDCs) and their potentially profound implications for financial inclusion. What are CBDCs? CBDCs are digital versions of countries’ official currencies issued by the central bank or the like. They could be the digital representation of physical cash. To date, over 110 central banks around the world are engaged in some form of CBDC-related work, and the Eastern Caribbean Central Bank, and the central banks in the Bahamas, Jamaica and Nigeria have already issued CBDCs.
Discipline
Banking and Finance Law
Areas of Excellence
Digital transformation
Publisher
Oxford University Press
Citation
WANG, Heng.
Achieving financial inclusion through digital currencies. (2024).
Available at: https://ink.library.smu.edu.sg/sol_research/4700
Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.