The advent of digital currencies, particularly CBDCs, has gained substantial traction over the past decade. As of my last knowledge update in January 2022, several countries were actively researching, piloting, or even implementing CBDCs. Given the rapidly evolving nature of this field, there is a pressing need for up-to-date research to understand the implications and challenges associated with CBDC adoption.1
References
1Kulasekhar M, Reddy KS. The Role of Central Bank Digital Currencies (CBDCs) in Reshaping Monetary Policy: A Global Analysis of Economic Implications and Implementation Challenges. European Economic Letters (EEL). 2023;13(5):362-371. doi:10.52783/eel.v13i5.763