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[taler-www] 01/05: CBDC news


From: gnunet
Subject: [taler-www] 01/05: CBDC news
Date: Tue, 23 Feb 2021 14:49:00 +0100

This is an automated email from the git hooks/post-receive script.

grothoff pushed a commit to branch master
in repository www.

commit 955a07a6bfac9338ac48f4c9ba2a7f95274e94cf
Author: Christian Grothoff <christian@grothoff.org>
AuthorDate: Tue Feb 23 12:57:31 2021 +0100

    CBDC news
---
 news/2021-01.html.j2 | 29 +++++++++++++++++++++++++++++
 1 file changed, 29 insertions(+)

diff --git a/news/2021-01.html.j2 b/news/2021-01.html.j2
new file mode 100644
index 0000000..70d2e02
--- /dev/null
+++ b/news/2021-01.html.j2
@@ -0,0 +1,29 @@
+{% extends "common/news.j2" %}
+{% block body_content %}
+<h1>2021-2: &quot;How to issue a Central Bank Digital Currency&quot; 
published</h1>
+<p>
+We are happy to announce the publication of our paper on &quot;How to Issue a 
Central Bank Digital Currency&quot;
+by the <a href="https://snb.ch/";>Swiss National Bank</a>.
+</p>
+<p>
+With the emergence of Bitcoin and recently proposed stablecoins from BigTechs, 
such as
+Diem (formerly Libra), central banks face a choice of either leaving the field 
to private actors
+or offering their own digital alternative to physical cash. We do not address 
whether a central
+bank should issue a central bank digital currency (CBDC). Instead, we 
demonstrate how a
+central bank could do so, if desired or needed. We propose a token-based 
system without
+distributed ledger technology and show how earlier-deployed, software-only 
electronic cash
+can be improved upon to preserve transaction privacy, meet regulatory 
requirements in a
+compelling way, and offer a level of quantum-resistant protection against 
systemic privacy
+risk. Neither monetary policy nor financial stability would be materially 
affected because our
+CBDC would replicate physical cash rather than bank deposits.
+</p>
+<h4>Download links</h4>
+<ul>
+<li><a href="">SNB working paper series</a></li>
+<li><a href="/papers/cbdc2021en.pdf">Local mirror of the PDF (English)</a></li>
+<li><a href="https://grothoff.org/christian/cbdc.bib";>BibTeX file</a></li>
+</ul>
+
+
+
+{% endblock body_content %}

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