Central Bank Digital Currencies (CBDCs) are the latest advancement in the area of digital money and payments. CBDCs would constitute a claim on the central bank, a central bank liability; CBDCs may be not only for domestic use, as, subject to the connectivity of the chosen type of technology, the digitization of international payments means that some CBDCs may potentially be used on a cross-border basis. One key challenge concerning CBDCs refers to the preservation of the privacy of citizens’ payments. Another is the role to be played by the private banking sector in the distribution and storage of CBDCs. A number of rationales have been suggested for the introduction of CBDCs, from financial inclusion to making innovation work for the common good. On the other hand, there is no widespread consensus as to the utility of CBDCs. The majority view is that CBDCs will be introduced as a form of digital money that is entirely distinct from cryptocurrencies, and will remain so.

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对中央银行数字货币（CBDC）的批判性评估：支付的最终前沿？

中央银行数字货币（CBDC）是数字货币和支付领域的最新进展。CBDC 将构成对央行的债权，即央行的负债；CBDC 可能不仅供国内使用，因为根据所选技术类型的连通性，国际支付的数字化意味着某些 CBDC 可能会在跨境基础上使用。CBDC 面临的一项关键挑战是保护公民支付的隐私。另一个是私人银行部门在 CBDC 的分配和存储中发挥的作用。人们提出了引入 CBDC 的许多理由，从金融普惠到让创新服务于共同利益。另一方面，对于 CBDC 的效用尚未达成广泛共识。大多数人认为，CBDC 将作为一种与加密货币完全不同的数字货币形式引入，并将继续如此。