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

<p>This article analyses the justifications for the creation of central bank digital currencies – CBDCs – and their anticipated features with the aim of looking at them from two different and somewhat opposing perspectives. These perspectives define the two broad historical and logical currents that emerged in the Banking School versus the Currency School debates. We are going to investigate to which extent can the concept of CBDC be embedded into the Banking School’s body of thought and to which extent can it be criticized with the arguments of the Currency School.</p>
</abstract>

This article analyses the justifications for the creation of central bank digital currencies – CBDCs – and their anticipated features with the aim of looking at them from two different and somewhat opposing perspectives. These perspectives define the two broad historical and logical currents that emerged in the Banking School versus the Currency School debates. We are going to investigate to which extent can the concept of CBDC be embedded into the Banking School’s body of thought and to which extent can it be criticized with the arguments of the Currency School.

Central Bank Digital Currencies Analyzed in a Banking School versus Currency School Framework

“Alexandru Ioan Cuza” University of Iași

Proceedings of the International Conference on Business Excellence

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

This article analyses the justifications for the creation of central bank digital currencies – CBDCs – and their anticipated features with the aim of looking...

Central Bank Digital Currencies Analyzed in a Banking School versus Currency School Framework

Publicado en línea: 14 jul 2023

Páginas: 638 - 648

DOI: https://doi.org/10.2478/picbe-2023-0060

Palabras clave
CBDC, central banking, monetary policy, Currency School, Banking School, cryptocurrencies, decentralized finance

© 2023 Tudor Gherasim Smirna et al., published by Sciendo

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

Central Bank Digital Currencies Analyzed in a Banking School versus Currency School Framework

Publicado en línea: 14 jul 2023

Páginas: 638 - 648

DOI: https://doi.org/10.2478/picbe-2023-0060

Palabras claveCBDC, central banking, monetary policy, Currency School, Banking School, cryptocurrencies, decentralized finance

© 2023 Tudor Gherasim Smirna et al., published by Sciendo

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

Palabras clave
CBDC, central banking, monetary policy, Currency School, Banking School, cryptocurrencies, decentralized finance