ECB Report on CBDCs: Functional scope, pricing and controls
 
                        
ECB | Ulrich Bindseil, Fabio Panetta, Ignacio Terol | Dec 2, 2021 Even before their deployment in major economies, one of the concerns that has been voiced about central bank digital currency (CBDC) is that it might be too successful and lead to bank disintermediation, which could intensify further in the case of a banking crisis.
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