Work

The degrees of central bank digital currency adoption across countries: a preliminary analysis

Year: 2023

Type: article

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.

Source: Economics and Business Letters

DOI: 10.17811/ebl.12.2.2023.97-104

Authors: Tu DQ Le, Son H Tran, Dat T Nguyen, Thanh Ngo

Institutions: University of Economics and Law, Vietnam National University Ho Chi Minh City, VNU University of Economics and Business, Massey University

Language: English

Topic: FinTech, Crowdfunding, Digital Finance

Subfield: Management Information Systems

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

Funder: Trường Đại học Kinh tế - Luật, Đại học Quốc gia Thành phố Hồ Chí Minh

OpenAlex ID: W4384130711

FWCI: 4.614

Cites: 21

Cited by: 16

Related to: 10