00000nam 2200000zi 4500 9.920220 CaOODSP 20251202084047 m o d f cr mn||||||||| 230217s2023 onca ob f000 0 eng d CaOODSP eng rda CaOODSP eng eng fre FB3-6/2023-4E-PDF Chapman, James T. E., author. Central bank digital currencies and banking : literature review and new questions / by James Chapman, Jonathan Chiu, Mohammad Davoodalhosseini, Janet Jiang, Francisco Rivadeneyra and Yu Zhu. [Ottawa] : Bank of Canada = Banque du Canada, 2023. ©2023 1 online resource (ii, 30 pages) : colour illustrations. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff discussion paper = Document d'analyse du personnel, 1914-0568 ; 2023-4 ISSN assigned to different series. "Last updated: February 9, 2023." Includes bibliographical references (pages 27-30). "We review the nascent but fast-growing literature on central bank digital currencies (CBDCs), focusing on their potential impacts on private banks. We evaluate these impacts in three areas of traditional banking: payments, lending, and liquidity and maturity transformation. For each area, we discuss the lessons learned and identify gaps in the research yet to be fully explored. We also take a broader look at CBDCs and highlight two promising directions for future research. One is to study CBDCs through the lens of industrial organization, exploring issues such as platform competition and business models. The second is the crypto space and its new developments such as stablecoins and decentralized finance"--Abstract, page ii. Includes abstracts in English and French. Banks and banking, Central Research. Digital currency Research. Cryptocurrencies Research. Banques centrales Recherche. Monnaie électronique Recherche. Cryptomonnaie Recherche. Bank of Canada, issuing body. Staff discussion paper (Bank of Canada) 2023-4. (CaOODSP)9.806273 PDF 742 KB https://publications.gc.ca/collections/collection_2023/banque-bank-canada/FB3-6-2023-4-eng.pdf