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

<p>We identify some factors limiting CBDC adoption and some of the possible solutions. We also assess the media sentiment about central bank digital currencies in general as well as about locally issued CBDCs. We find that there is a high correlation between the negative media sentiment about CBDCs in general and locally issued CBDCs. We also find that the negative media sentiment about the eNaira, DCash and Sand Dollar was caused by the existing negative media sentiment about CBDCs in general. However, a positive media sentiment about the eNaira, DCash and Sand Dollar was not caused by the existing positive media sentiment about CBDC in general.</p>
</abstract>

We identify some factors limiting CBDC adoption and some of the possible solutions. We also assess the media sentiment about central bank digital currencies in general as well as about locally issued CBDCs. We find that there is a high correlation between the negative media sentiment about CBDCs in general and locally issued CBDCs. We also find that the negative media sentiment about the eNaira, DCash and Sand Dollar was caused by the existing negative media sentiment about CBDCs in general. However, a positive media sentiment about the eNaira, DCash and Sand Dollar was not caused by the existing positive media sentiment about CBDC in general.

Central Bank Digital Currency Adoption Challenges, Solutions, and a Sentiment Analysis

Journal of Central Banking Theory and Practice

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

We identify some factors limiting CBDC adoption and some of the possible solutions. We also assess the media sentiment about central bank digital currencies in...

Central Bank Digital Currency Adoption Challenges, Solutions, and a Sentiment Analysis

Publié en ligne: 13 janv. 2024

Pages: 133 - 165

Reçu: 09 févr. 2023

Accepté: 15 mai 2023

DOI: https://doi.org/10.2478/jcbtp-2024-0007

Mots clés
CBDC, eNaira, DCash, Sand Dollar

© 2024 Peterson K. Ozili et al., published by Sciendo

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

Central Bank Digital Currency Adoption Challenges, Solutions, and a Sentiment Analysis

Publié en ligne: 13 janv. 2024

Pages: 133 - 165

Reçu: 09 févr. 2023

Accepté: 15 mai 2023

DOI: https://doi.org/10.2478/jcbtp-2024-0007

Mots clésCBDC, eNaira, DCash, Sand Dollar

© 2024 Peterson K. Ozili et al., published by Sciendo

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

Mots clés
CBDC, eNaira, DCash, Sand Dollar