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THE ADOPTION OF MONEY INNOVATIONS: A COMPARATIVE ANALYSIS

2026

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This paper provides the first systematic analysis of the drivers behind the adoption of money innovations like cryptocurrencies and central bank digital currencies (CBDCs).

* Examines the factors influencing the adoption of cryptocurrencies and CBDCs.
* Analyzes cross-country data to identify key correlates of adoption.
* Discusses the implications of these findings for the future of money.

Tags: digital money, cryptocurrency, central bank digital currency, money innovations, cross-country analysis

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