The Challenges of a Central Bank Digital Currency

The geographyand the construction of a country can impact sort of the the demand one might face for any kind of a central bank detral currency. Every person who wants to operate o cbd c, or wants to use or c b, has to be approved by the central bank. The third very important policy objective, or gold, is increased resilience and competitiveness. And that is so important for small states, which are extremely venerable to external shocks.