Staff analytical notes
Staff discussion papers
Central Bank Digital Currencies: A Framework for Assessing Why and HowDigital currencies have attracted strong interest in recent years and have the potential to become widely adopted for use in making payments. Public authorities and central banks around the world are closely monitoring developments in digital currencies and studying their implications for the economy, the financial system and central banks.
Staff working papers
Competition in the Cryptocurrency MarketWe analyze how network effects affect competition in the nascent cryptocurrency market. We do so by examining the changes over time in exchange rate data among cryptocurrencies.
Some Economics of Private Digital CurrencyThis paper reviews some recent developments in digital currency, focusing on platform-sponsored currencies such as Facebook Credits.
Bank of Canada Review articles
May 13, 2014