加拿大国际治理创新中心CIGI：2025年央行如何塑造数字货币的未来报告（英文版）

This paper examines the accelerating global momentum behind central bank digital currencies (CBDCs), exploring how central banks are responding to the twin pressures of financial digitalization and geopolitical competition. It provides a comprehensive analysis of the motivations driving CBDC development from enhancing payment system efficiency and financial inclusion to preserving monetary sovereignty in the face of private digital currencies. Through a comparative lens, the paper analyzes diver