Amara's Law and CBDC Development

How do digital money and payments fit into the taxonomy? INTERNATIONAL MONETARY FUND * ** E-money Unbacked crypto-assets Stablecoins CBDC Money V X* ? V Currency X X** X V Other Payment instrument Payment instrument, Investment asset Payment instrument and payment system Payment instrument and payment system In some jurisdictions classified as money for VAT purpose (but not financial law) Except in El Salvador and Central African Republic 6

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