<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>The introduction of a digital euro has been in discussion in the eurozone for some time. The European Central Bank’s investigation phase started in October 2021 and entered a preparatory phase in October 2023. Digital central bank money is already being used in other countries. The introduction of a digital euro raises many questions that affect households and companies, commercial banks and the central bank. Among other things, the following questions arise: Why do we need a digital central bank currency today? What requirements must an additional form of money issued by a central bank fulfil? What are the risks and opportunities associated with the digital euro?</p>
</abstract>

The introduction of a digital euro has been in discussion in the eurozone for some time. The European Central Bank’s investigation phase started in October 2021 and entered a preparatory phase in October 2023. Digital central bank money is already being used in other countries. The introduction of a digital euro raises many questions that affect households and companies, commercial banks and the central bank. Among other things, the following questions arise: Why do we need a digital central bank currency today? What requirements must an additional form of money issued by a central bank fulfil? What are the risks and opportunities associated with the digital euro?

What Are the Advantages and Disadvantages of a Digital Central Bank Currency?

Wirtschaftsdienst

This work is licensed under the Creative Commons Attribution 4.0 International License.

Wo liegen die Vor- und Nachteile einer digitalen Zentralbankwährung?

The introduction of a digital euro has been in discussion in the eurozone for some time. The European Central Bank’s investigation phase started in October...

What Are the Advantages and Disadvantages of a Digital Central Bank Currency?

Published Online: Dec 20, 2023

Page range: 800 - 800

DOI: https://doi.org/10.2478/wd-2023-0221

© 2023 by Sciendo

This work is licensed under the Creative Commons Attribution 4.0 International License.