Edona Reshidi is a Senior Economist in the Banking and Payments Department (BAP) - CBDC and FinTech Policy & Research. She is a microeconomist with research interests in payment platforms, vertical and search markets. Edona obtained her PhD in Economics from University of Vienna.
We discuss the competition and innovation arguments for issuing a central bank digital currency (CBDC). A CBDC could be an effective competition policy tool for payments. A CBDC could also support the vibrancy of the digital economy. It could help solve market failures and foster competition and innovation in new digital payments markets.