01902cas a2200277 a 4500 AALejournalIMF018772 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484384572 2221-030X BD-DhAAL BD-DhAAL Mancini Griffoli, Tommaso. Casting Light on Central Bank Digital Currencies / Tommaso Mancini Griffoli, Maria Martinez Peria, Itai Agur, Anil Ari. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (39 pages) Staff Discussion Notes <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Digitalization is reshaping economic activity, shrinking the role of cash, and spurring new digital forms of money. Central banks have been pondering wheter and how to adapt. One possibility is central bank digital currency (CBDC)-- a widely accessible digital form of fiat money that could be legal tender. This discussion note proposes a conceptual framework to assess the case for CBDC adoption from the perspective of users and central banks. It discusses possible CBDC designs, and explores potential benefits and costs, with a focus on the impact on monetary policy, financial stability, and integrity. This note also surveys research and pilot studies on CBDC by central banks around the world. Mode of access: Internet Agur, Itai. Ari, Anil. Martinez Peria, Maria. Staff Discussion Notes; Staff Discussion Notes ; No. 2018/008 Full text available on IMF http://elibrary.imf.org/view/journals/006/2018/008/006.2018.issue-008-en.xml IMF e-Library