THE SENTIMENT FOR THE DIGITAL EURO: A EUROPEAN SURVEY

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04274644%3A_____%2F24%3A%230001116" target="_blank" >RIV/04274644:_____/24:#0001116 - isvavai.cz</a>
Result on the web
<a href="https://www.mladaveda.sk/casopisy/2024/01/01_2024_08.pdf" target="_blank" >https://www.mladaveda.sk/casopisy/2024/01/01_2024_08.pdf</a>
DOI - Digital Object Identifier
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Result language
angličtina
Original language name
THE SENTIMENT FOR THE DIGITAL EURO: A EUROPEAN SURVEY
Original language description
Economic agents´ sentiment about implementation of Central Bank Digital Currency (CBDC) and the Digital Euro (DE) was captured through two representative consumer surveys among groups of 525 and 1,050 European citizens which reflect the population distribution of the EU countries. The findings reveal broad resistance towards abandoning physical currency, highlighting concerns over security and privacy with the implementation of the Digital Euro. This resistance underscores the necessity for CBDC designs that prioritize these concerns to facilitate wider adoption. Recommendations include enhancing security and privacy features in the DE's design, maintaining cash as a payment option alongside CBDC to allow for gradual transition based on consumer preferences, and implementing a tiered nonremunerated CBDC system. The study contributes to existing literature by offering empirical evidence on consumer attitudes towards CBDCs and providing policy recommendations to address public concerns and promote acceptance of CBDC and the Digital Euro
Czech name
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Czech description
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Project
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Continuities
I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Publication year
2024
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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