Central bank digital currency adoption challenges- The case of an emerging nation

Publications

Central bank digital currency adoption challenges- The case of an emerging nation

Year : 2024

Publisher : Elsevier Ltd

Source Title : Finance Research Letters

Document Type :

Abstract

This study presents a novel, thorough approach for central banks to identify and rate digital currency adoption obstacles. The study uses AHP and ANP to identify and prioritise CBDC adoption issues in two phases. The biggest hurdles identified are economic, technical, and financial.