Evaluation of Central Bank Digital Currency (CBDC) from Both a Country: Banking and Finance Assignment, SMU, Singapore

This project involves an evaluation of central bank digital currency (CBDC) from both a country-specific perspective, but also a global perspective. Each group can choose their specific country case. See attached article from the Financial Times which is a good starting point. The material covered throughout the module, in particular Topic 2, will also be very helpful. In their evaluation, the group need to answer the following questions;v

1. Why would a central bank be interested in digital currency?
2. What are the likely impacts of a CBDC for financial stability
3. Do you think a CBDC is likely in the next 5 years?