Central Bank Digital Currency and Fintech in Asia - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Central Bank Digital Currency and Fintech in Asia write by Marlene Amstad. This book was released on 2019-11-26. Central Bank Digital Currency and Fintech in Asia available in PDF, EPUB and Kindle. This book provides a thorough introduction and historical overview of the principles and practices of digital currency and fintech in Asia. It covers the theory of central bank digital currency and examines regulatory aspects, economic digitalization, financial inclusion, and the role of SMEs. Selected case studies offer in-depth insights into recent fintech developments in major economies, including Australia; Hong Kong, China; Indonesia; Japan; the People's Republic of China; the Republic of Korea; and Thailand. The book also makes a valuable supplement for introductory courses on finance, governance, and economics, as it appeals to a broad range of readers, including university students, academics, finance practitioners, and policy makers.
Recent Central Bank Digital Currency Developments in Asia and Their Implications
Recent Central Bank Digital Currency Developments in Asia and Their Implications - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Recent Central Bank Digital Currency Developments in Asia and Their Implications write by Asian Development Bank. This book was released on 2023-08-01. Recent Central Bank Digital Currency Developments in Asia and Their Implications available in PDF, EPUB and Kindle. This publication analyzes the evolution of Central Bank Digital Currencies (CBDC) in Asia and the Pacific, assesses their potential risks and technical challenges, and explores their potential to improve cross-border payments and financial inclusion. Ahead of the launch of any large-scale Asian CBDC, it details various models and explores how Cambodia, the People’s Republic of China, Singapore, and Thailand are taking the lead. Outlining global developments and emerging trends, it shows why a robust digital infrastructure, strong public-private collaboration, and fintech literacy are central to ensuring CBDCs help drive the transition to a digital economy.
Towards Central Bank Digital Currencies in Asia and the Pacific
Towards Central Bank Digital Currencies in Asia and the Pacific - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Towards Central Bank Digital Currencies in Asia and the Pacific write by Mrs. Sarwat Jahan. This book was released on 2022-09-28. Towards Central Bank Digital Currencies in Asia and the Pacific available in PDF, EPUB and Kindle. Drawing on survey responses from 34 Asian economies and country case studies, this note takes stock of recent developments related to central bank digital currencies (CBDCs) and crypto assets in Asia. The survey finds that there is significant heterogeneity in terms of stage of development, but the emergence of private crypto assets has created an impetus to consider CBDCs. While most countries are engaged in research and development, with some at advanced stages of testing and pilots, very few countries are likely to issue CBDCs in the near-to-medium term, reflecting the still considerable uncertainties. Still, country experiences so far provide some key insights for others in their journey in this area.
The Role of Central Bank Digital Currencies in Financial Inclusion
The Role of Central Bank Digital Currencies in Financial Inclusion - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Role of Central Bank Digital Currencies in Financial Inclusion write by Asian Development Bank. This book was released on 2023-03-01. The Role of Central Bank Digital Currencies in Financial Inclusion available in PDF, EPUB and Kindle. Asia and the Pacific continues to experience rapid development of innovative technology solutions driven by increased government support to help address the economic fallout of the coronavirus disease pandemic. This publication identifies the role that central bank digital currencies could play in overcoming some of the challenges of achieving financial inclusion. It proposes recommendations to aid policy makers and regulators. The publication shares insights from the Asia–Pacific Financial Inclusion Forum, a policy initiative of the Asia–Pacific Economic Cooperation Finance Ministers’ Process.
Some Lessons from Asian E-Money Schemes for the Adoption of Central Bank Digital Currency
Some Lessons from Asian E-Money Schemes for the Adoption of Central Bank Digital Currency - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Some Lessons from Asian E-Money Schemes for the Adoption of Central Bank Digital Currency write by Tao Sun. This book was released on 2023-06-09. Some Lessons from Asian E-Money Schemes for the Adoption of Central Bank Digital Currency available in PDF, EPUB and Kindle. This paper synthesizes four lessons from the experiences of six Asian e-money schemes for central banks as they consider adopting central bank digital currency (CBDC): (i) CBDC should embody four attributes: trust, convenience, efficiency, and security; (ii) CBDC service providers can facilitate CBDC adoption through four channels: leveraging digital technology, targeting use cases, developing business models, and complying with legal and regulatory requirements; (iii) central banks could incentivize CBDC service providers to develop these four channels when considering CBDC adoption; and (iv) central banks may be able to establish data-sharing arrangements that preserve privacy while leaving room for CBDC service providers to explore the economic value of data.
