{"title":"The degrees of central bank digital currency adoption across countries: a preliminary analysis","authors":"Tu D. Q. Le, Son Tran, D. Nguyen, Thanh D. Ngo","doi":"10.17811/ebl.12.2.2023.97-104","DOIUrl":null,"url":null,"abstract":"This study empirically examines factors affecting the different stages of CBDC adoption using a sample of 55 countries engaged in CBDC projects from 2014 to 2021. The findings indicate that anti-money laundering and terrorist financing and the financial market development, inflation and technological factors are critical determinants of CBDC adoption at different stages.","PeriodicalId":43184,"journal":{"name":"Economics and Business Letters","volume":" ","pages":""},"PeriodicalIF":0.9000,"publicationDate":"2023-07-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"1","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Economics and Business Letters","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.17811/ebl.12.2.2023.97-104","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 1
Abstract
This study empirically examines factors affecting the different stages of CBDC adoption using a sample of 55 countries engaged in CBDC projects from 2014 to 2021. The findings indicate that anti-money laundering and terrorist financing and the financial market development, inflation and technological factors are critical determinants of CBDC adoption at different stages.
期刊介绍:
Economics and Business Letters is an open access journal that publishes both theoretical and empirical quality original papers in all economics and business fields. In addition, relevant discussions on current policy issues will be considered for the Policy Watch section. As general strategy of EBL, the journal will launch calls for papers for special issues on topics of interest, generally with invited guest editors. The maximum length of the letters is limited to 2,500 words.