Publication
CENTRAL BANK DIGITAL CURRENCIES: RECONSIDERING MONEY IN THE DIGITAL AGE
(SGEM WORLD SCIENCE (SWS) Scholarly Society, 2025, Daniela-Georgeta Beju, Vasile Paul Bresfelean, Maria Ciupac-Ulici)
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The aim of this paper is to explore the theoretical foundations of Central Bank Digital Currencies (CBDCs), as a digital variant of traditional existing money. We present the characteristics, advantages and disadvantages of Central Bank Digital Currencies in the current context of financial digitalization. We also distinguish them from cryptocurrencies, which are virtual currencies issued in a decentralized manner by private entities. In addition, we examine how different countries are approaching CBDC implementat...
SOCIAL SCIENCES: Section Economics, Finance, and Sustainability2025