id	sid	tid	token	lemma	pos
ajbmeb-1464	1	1	american	american	PROPN
ajbmeb-1464	1	2	journal	journal	PROPN
ajbmeb-1464	1	3	of	of	ADP
ajbmeb-1464	1	4	business	business	NOUN
ajbmeb-1464	1	5	management	management	NOUN
ajbmeb-1464	1	6	,	,	PUNCT
ajbmeb-1464	1	7	economics	economic	NOUN
ajbmeb-1464	1	8	and	and	CCONJ
ajbmeb-1464	1	9	banking	banking	NOUN
ajbmeb-1464	1	10	issn	issn	PROPN
ajbmeb-1464	1	11	(	(	PUNCT
ajbmeb-1464	1	12	e	e	NOUN
ajbmeb-1464	1	13	):	):	PUNCT
ajbmeb-1464	1	14	2832	2832	NUM
ajbmeb-1464	1	15	-	-	SYM
ajbmeb-1464	1	16	8078	8078	NUM
ajbmeb-1464	1	17	volume	volume	NOUN
ajbmeb-1464	1	18	18	18	NUM
ajbmeb-1464	1	19	,	,	PUNCT
ajbmeb-1464	1	20	|	|	ADV
ajbmeb-1464	1	21	november	november	PROPN
ajbmeb-1464	1	22	,	,	PUNCT
ajbmeb-1464	1	23	2023	2023	NUM
ajbmeb-1464	1	24	p	p	NOUN
ajbmeb-1464	1	25	a	a	DET
ajbmeb-1464	1	26	g	g	NOUN
ajbmeb-1464	1	27	e	e	NOUN
ajbmeb-1464	1	28	|	|	ADV
ajbmeb-1464	1	29	100	100	NUM
ajbmeb-1464	1	30	www.americanjournal.org	www.americanjournal.org	PROPN
ajbmeb-1464	1	31	central	central	ADJ
ajbmeb-1464	1	32	bank	bank	NOUN
ajbmeb-1464	1	33	digital	digital	ADJ
ajbmeb-1464	1	34	currencies	currency	NOUN
ajbmeb-1464	1	35	:	:	PUNCT
ajbmeb-1464	1	36	economic	economic	ADJ
ajbmeb-1464	1	37	drivers	driver	NOUN
ajbmeb-1464	1	38	and	and	CCONJ
ajbmeb-1464	1	39	implications	implication	NOUN
ajbmeb-1464	1	40	khaleel	khaleel	PROPN
ajbmeb-1464	1	41	ismael	ismael	PROPN
ajbmeb-1464	1	42	azeez1	azeez1	PROPN
ajbmeb-1464	1	43	college	college	PROPN
ajbmeb-1464	1	44	of	of	ADP
ajbmeb-1464	1	45	administration	administration	NOUN
ajbmeb-1464	1	46	and	and	CCONJ
ajbmeb-1464	1	47	economy	economy	NOUN
ajbmeb-1464	1	48	/	/	SYM
ajbmeb-1464	1	49	tikrit	tikrit	NOUN
ajbmeb-1464	1	50	university	university	NOUN
ajbmeb-1464	1	51	/	/	SYM
ajbmeb-1464	1	52	tikrit	tikrit	NOUN
ajbmeb-1464	1	53	/	/	SYM
ajbmeb-1464	1	54	iraq	iraq	PROPN
ajbmeb-1464	1	55	e	e	NOUN
ajbmeb-1464	1	56	-	-	NOUN
ajbmeb-1464	1	57	mail	mail	NOUN
ajbmeb-1464	1	58	:	:	PUNCT
ajbmeb-1464	1	59	khalil14@tu.edu.iq	khalil14@tu.edu.iq	PROPN
ajbmeb-1464	1	60	.	.	PUNCT
ajbmeb-1464	2	1	omar	omar	PROPN
ajbmeb-1464	2	2	abdulla	abdulla	PROPN
ajbmeb-1464	2	3	mohammad	mohammad	PROPN
ajbmeb-1464	2	4	college	college	PROPN
ajbmeb-1464	2	5	of	of	ADP
ajbmeb-1464	2	6	administration	administration	NOUN
ajbmeb-1464	2	7	and	and	CCONJ
ajbmeb-1464	2	8	economy	economy	NOUN
ajbmeb-1464	2	9	/	/	SYM
ajbmeb-1464	2	10	tikrit	tikrit	NOUN
ajbmeb-1464	2	11	university	university	NOUN
ajbmeb-1464	2	12	/	/	SYM
ajbmeb-1464	2	13	tikrit	tikrit	NOUN
ajbmeb-1464	2	14	/	/	SYM
ajbmeb-1464	2	15	iraq	iraq	PROPN
ajbmeb-1464	2	16	omar	omar	PROPN
ajbmeb-1464	2	17	_	_	PROPN
ajbmeb-1464	2	18	abdulla@tu.edu.iq	abdulla@tu.edu.iq	PROPN
ajbmeb-1464	2	19	anas	anas	PROPN
ajbmeb-1464	2	20	dheyab	dheyab	PROPN
ajbmeb-1464	2	21	salim	salim	PROPN
ajbmeb-1464	2	22	college	college	PROPN
ajbmeb-1464	2	23	of	of	ADP
ajbmeb-1464	2	24	administration	administration	NOUN
ajbmeb-1464	2	25	and	and	CCONJ
ajbmeb-1464	2	26	economy	economy	NOUN
ajbmeb-1464	2	27	/	/	SYM
ajbmeb-1464	2	28	tikrit	tikrit	NOUN
ajbmeb-1464	2	29	university	university	NOUN
ajbmeb-1464	2	30	/	/	SYM
ajbmeb-1464	2	31	tikrit	tikrit	NOUN
ajbmeb-1464	2	32	/	/	SYM
ajbmeb-1464	2	33	iraq	iraq	PROPN
ajbmeb-1464	2	34	anas-d-84@tu.edu.iq	anas-d-84@tu.edu.iq	DET
ajbmeb-1464	2	35	a	a	DET
ajbmeb-1464	2	36	b	b	PROPN
ajbmeb-1464	2	37	s	s	ADP
ajbmeb-1464	2	38	t	t	PROPN
ajbmeb-1464	2	39	r	r	NOUN
ajbmeb-1464	2	40	a	a	DET
ajbmeb-1464	2	41	c	c	NOUN
ajbmeb-1464	2	42	t	t	NOUN
ajbmeb-1464	2	43	k	k	X
ajbmeb-1464	2	44	e	e	PROPN
ajbmeb-1464	2	45	y	y	PROPN
ajbmeb-1464	2	46	w	w	NOUN
ajbmeb-1464	2	47	o	o	NOUN
ajbmeb-1464	2	48	r	r	NOUN
ajbmeb-1464	2	49	d	d	X
ajbmeb-1464	2	50	s	s	VERB
ajbmeb-1464	2	51	abstract	abstract	ADJ
ajbmeb-1464	2	52	.	.	PUNCT
ajbmeb-1464	3	1	in	in	ADP
ajbmeb-1464	3	2	light	light	NOUN
ajbmeb-1464	3	3	of	of	ADP
ajbmeb-1464	3	4	the	the	DET
ajbmeb-1464	3	5	development	development	NOUN
ajbmeb-1464	3	6	of	of	ADP
ajbmeb-1464	3	7	new	new	ADJ
ajbmeb-1464	3	8	technologies	technology	NOUN
ajbmeb-1464	3	9	in	in	ADP
ajbmeb-1464	3	10	the	the	DET
ajbmeb-1464	3	11	banking	banking	NOUN
ajbmeb-1464	3	12	and	and	CCONJ
ajbmeb-1464	3	13	financial	financial	ADJ
ajbmeb-1464	3	14	industries	industry	NOUN
ajbmeb-1464	3	15	,	,	PUNCT
ajbmeb-1464	3	16	the	the	DET
ajbmeb-1464	3	17	general	general	ADJ
ajbmeb-1464	3	18	trend	trend	NOUN
ajbmeb-1464	3	19	is	be	AUX
ajbmeb-1464	3	20	to	to	PART
ajbmeb-1464	3	21	move	move	VERB
ajbmeb-1464	3	22	towards	towards	ADP
ajbmeb-1464	3	23	a	a	DET
ajbmeb-1464	3	24	nonmonetary	nonmonetary	ADJ
ajbmeb-1464	3	25	society	society	NOUN
ajbmeb-1464	3	26	,	,	PUNCT
ajbmeb-1464	3	27	which	which	PRON
ajbmeb-1464	3	28	is	be	AUX
ajbmeb-1464	3	29	taken	take	VERB
ajbmeb-1464	3	30	for	for	ADP
ajbmeb-1464	3	31	granted	grant	VERB
ajbmeb-1464	3	32	in	in	ADP
ajbmeb-1464	3	33	the	the	DET
ajbmeb-1464	3	34	economies	economy	NOUN
ajbmeb-1464	3	35	through	through	ADP
ajbmeb-1464	3	36	the	the	DET
ajbmeb-1464	3	37	central	central	ADJ
ajbmeb-1464	3	38	banks	bank	NOUN
ajbmeb-1464	3	39	'	'	PART
ajbmeb-1464	3	40	recognition	recognition	NOUN
ajbmeb-1464	3	41	of	of	ADP
ajbmeb-1464	3	42	the	the	DET
ajbmeb-1464	3	43	importance	importance	NOUN
ajbmeb-1464	3	44	of	of	ADP
ajbmeb-1464	3	45	the	the	DET
ajbmeb-1464	3	46	digital	digital	ADJ
ajbmeb-1464	3	47	currency	currency	NOUN
ajbmeb-1464	3	48	.	.	PUNCT
ajbmeb-1464	4	1	where	where	SCONJ
ajbmeb-1464	4	2	many	many	ADJ
ajbmeb-1464	4	3	central	central	ADJ
ajbmeb-1464	4	4	banks	bank	NOUN
ajbmeb-1464	4	5	in	in	ADP
ajbmeb-1464	4	6	developed	develop	VERB
ajbmeb-1464	4	7	countries	country	NOUN
ajbmeb-1464	4	8	are	be	AUX
ajbmeb-1464	4	9	de	de	ADJ
ajbmeb-1464	4	10	-	-	NOUN
ajbmeb-1464	4	11	signing	sign	VERB
ajbmeb-1464	4	12	their	their	PRON
ajbmeb-1464	4	13	own	own	ADJ
ajbmeb-1464	4	14	version	version	NOUN
ajbmeb-1464	4	15	of	of	ADP
ajbmeb-1464	4	16	the	the	DET
ajbmeb-1464	4	17	digital	digital	ADJ
ajbmeb-1464	4	18	currency	currency	NOUN
ajbmeb-1464	4	19	and	and	CCONJ
ajbmeb-1464	4	20	the	the	DET
ajbmeb-1464	4	21	mechanism	mechanism	NOUN
ajbmeb-1464	4	22	and	and	CCONJ
ajbmeb-1464	4	23	scenarios	scenario	NOUN
ajbmeb-1464	4	24	for	for	ADP
ajbmeb-1464	4	25	its	its	PRON
ajbmeb-1464	4	26	issuance	issuance	NOUN
ajbmeb-1464	4	27	.	.	PUNCT
ajbmeb-1464	5	1	as	as	SCONJ
ajbmeb-1464	5	2	the	the	DET
ajbmeb-1464	5	3	success	success	NOUN
ajbmeb-1464	5	4	of	of	ADP
ajbmeb-1464	5	5	any	any	DET
ajbmeb-1464	5	6	digital	digital	ADJ
ajbmeb-1464	5	7	currency	currency	NOUN
ajbmeb-1464	5	8	depends	depend	VERB
ajbmeb-1464	5	9	on	on	ADP
ajbmeb-1464	5	10	its	its	PRON
ajbmeb-1464	5	11	competitiveness	competitiveness	NOUN
ajbmeb-1464	5	12	in	in	ADP
ajbmeb-1464	5	13	the	the	DET
ajbmeb-1464	5	14	market	market	NOUN
ajbmeb-1464	5	15	,	,	PUNCT
ajbmeb-1464	5	16	within	within	ADP
ajbmeb-1464	5	17	a	a	DET
ajbmeb-1464	5	18	few	few	ADJ
ajbmeb-1464	5	19	years	year	NOUN
ajbmeb-1464	5	20	central	central	ADJ
ajbmeb-1464	5	21	banks	bank	NOUN
ajbmeb-1464	5	22	have	have	AUX
ajbmeb-1464	5	23	stepped	step	VERB
ajbmeb-1464	5	24	up	up	ADP
ajbmeb-1464	5	25	their	their	PRON
ajbmeb-1464	5	26	efforts	effort	NOUN
ajbmeb-1464	5	27	in	in	ADP
ajbmeb-1464	5	28	the	the	DET
ajbmeb-1464	5	29	research	research	NOUN
ajbmeb-1464	5	30	and	and	CCONJ
ajbmeb-1464	5	31	development	development	NOUN
ajbmeb-1464	5	32	of	of	ADP
ajbmeb-1464	5	33	central	central	ADJ
ajbmeb-1464	5	34	bank	bank	NOUN
ajbmeb-1464	5	35	digi	digi	NOUN
ajbmeb-1464	5	36	-	-	PUNCT
ajbmeb-1464	5	37	tal	tal	ADJ
ajbmeb-1464	5	38	currencies	currency	NOUN
ajbmeb-1464	5	39	(	(	PUNCT
ajbmeb-1464	5	40	cbdcs	cbdcs	PROPN
ajbmeb-1464	5	41	)	)	PUNCT
ajbmeb-1464	5	42	.	.	PUNCT
ajbmeb-1464	6	1	however	however	ADV
ajbmeb-1464	6	2	,	,	PUNCT
ajbmeb-1464	6	3	central	central	ADJ
ajbmeb-1464	6	4	bank	bank	NOUN
ajbmeb-1464	6	5	digital	digital	ADJ
ajbmeb-1464	6	6	currencies	currency	NOUN
ajbmeb-1464	6	7	should	should	AUX
ajbmeb-1464	6	8	be	be	AUX
ajbmeb-1464	6	9	considered	consider	VERB
ajbmeb-1464	6	10	in	in	ADP
ajbmeb-1464	6	11	the	the	DET
ajbmeb-1464	6	12	full	full	ADJ
ajbmeb-1464	6	13	context	context	NOUN
ajbmeb-1464	6	14	of	of	ADP
ajbmeb-1464	6	15	the	the	DET
ajbmeb-1464	6	16	digital	digital	ADJ
ajbmeb-1464	6	17	economy	economy	NOUN
ajbmeb-1464	6	18	and	and	CCONJ
ajbmeb-1464	6	19	data	datum	NOUN
ajbmeb-1464	6	20	centraliza	centraliza	NOUN
ajbmeb-1464	6	21	-	-	PUNCT
ajbmeb-1464	6	22	tion	tion	NOUN
ajbmeb-1464	6	23	,	,	PUNCT
ajbmeb-1464	6	24	which	which	PRON
ajbmeb-1464	6	25	raises	raise	VERB
ajbmeb-1464	6	26	concerns	concern	NOUN
ajbmeb-1464	6	27	about	about	ADP
ajbmeb-1464	6	28	competition	competition	NOUN
ajbmeb-1464	6	29	,	,	PUNCT
ajbmeb-1464	6	30	payment	payment	NOUN
ajbmeb-1464	6	31	system	system	NOUN
ajbmeb-1464	6	32	integrity	integrity	NOUN
ajbmeb-1464	6	33	,	,	PUNCT
ajbmeb-1464	6	34	and	and	CCONJ
ajbmeb-1464	6	35	privacy	privacy	NOUN
ajbmeb-1464	6	36	.	.	PUNCT
ajbmeb-1464	7	1	this	this	DET
ajbmeb-1464	7	2	paper	paper	NOUN
ajbmeb-1464	7	3	provides	provide	VERB
ajbmeb-1464	7	4	a	a	DET
ajbmeb-1464	7	5	general	general	ADJ
ajbmeb-1464	7	6	idea	idea	NOUN
ajbmeb-1464	7	7	of	of	ADP
ajbmeb-1464	7	8	(	(	PUNCT
ajbmeb-1464	7	9	cbdcs	cbdcs	PROPN
ajbmeb-1464	7	10	)	)	PUNCT
ajbmeb-1464	7	11	and	and	CCONJ
ajbmeb-1464	7	12	microeco	microeco	ADJ
ajbmeb-1464	7	13	-	-	PUNCT
ajbmeb-1464	7	14	nomic	nomic	ADJ
ajbmeb-1464	7	15	considerations	consideration	NOUN
ajbmeb-1464	7	16	related	relate	VERB
ajbmeb-1464	7	17	to	to	ADP
ajbmeb-1464	7	18	operational	operational	ADJ
ajbmeb-1464	7	19	and	and	CCONJ
ajbmeb-1464	7	20	technological	technological	ADJ
ajbmeb-1464	7	21	structures	structure	NOUN
ajbmeb-1464	7	22	,	,	PUNCT
ajbmeb-1464	7	23	privacy	privacy	NOUN
ajbmeb-1464	7	24	,	,	PUNCT
ajbmeb-1464	7	25	and	and	CCONJ
ajbmeb-1464	7	26	macroeco	macroeco	PROPN
ajbmeb-1464	7	27	-	-	PUNCT
ajbmeb-1464	7	28	nomic	nomic	ADJ
ajbmeb-1464	7	29	effects	effect	NOUN
ajbmeb-1464	7	30	on	on	ADP
ajbmeb-1464	7	31	the	the	DET
ajbmeb-1464	7	32	financial	financial	ADJ
ajbmeb-1464	7	33	system	system	NOUN
ajbmeb-1464	7	34	,	,	PUNCT
ajbmeb-1464	7	35	general	general	ADJ
ajbmeb-1464	7	36	sta	sta	NOUN
ajbmeb-1464	7	37	-	-	PUNCT
ajbmeb-1464	7	38	bility	bility	NOUN
ajbmeb-1464	7	39	,	,	PUNCT
ajbmeb-1464	7	40	and	and	CCONJ
ajbmeb-1464	7	41	monetary	monetary	ADJ
ajbmeb-1464	7	42	policy	policy	NOUN
ajbmeb-1464	7	43	.	.	PUNCT
ajbmeb-1464	8	1	money	money	NOUN
ajbmeb-1464	8	2	,	,	PUNCT
ajbmeb-1464	8	3	central	central	ADJ
ajbmeb-1464	8	4	bank	bank	NOUN
ajbmeb-1464	8	5	digital	digital	ADJ
ajbmeb-1464	8	6	currencies	currency	NOUN
ajbmeb-1464	8	7	,	,	PUNCT
ajbmeb-1464	8	8	central	central	ADJ
ajbmeb-1464	8	9	banks	bank	NOUN
ajbmeb-1464	8	10	encrypted	encrypt	VERB
ajbmeb-1464	8	11	currencies	currency	NOUN
ajbmeb-1464	8	12	.	.	PUNCT
ajbmeb-1464	9	1	introduction	introduction	NOUN
ajbmeb-1464	9	2	1	1	NUM
ajbmeb-1464	9	3	introduction	introduction	NOUN
ajbmeb-1464	9	4	the	the	DET
ajbmeb-1464	9	5	emergence	emergence	NOUN
ajbmeb-1464	9	6	of	of	ADP
ajbmeb-1464	9	7	encrypted	encrypt	VERB
ajbmeb-1464	9	8	digital	digital	ADJ
ajbmeb-1464	9	9	currencies	currency	NOUN
ajbmeb-1464	9	10	represents	represent	VERB
ajbmeb-1464	9	11	a	a	DET
ajbmeb-1464	9	12	great	great	ADJ
ajbmeb-1464	9	13	challenge	challenge	NOUN
ajbmeb-1464	9	14	for	for	ADP
ajbmeb-1464	9	15	official	official	ADJ
ajbmeb-1464	9	16	currencies	currency	NOUN
ajbmeb-1464	9	17	,	,	PUNCT
ajbmeb-1464	9	18	because	because	SCONJ
ajbmeb-1464	9	19	it	it	PRON
ajbmeb-1464	9	20	has	have	AUX
ajbmeb-1464	9	21	witnessed	witness	VERB
ajbmeb-1464	9	22	a	a	DET
ajbmeb-1464	9	23	great	great	ADJ
ajbmeb-1464	9	24	development	development	NOUN
ajbmeb-1464	9	25	due	due	ADP
ajbmeb-1464	9	26	to	to	ADP
ajbmeb-1464	9	27	the	the	DET
ajbmeb-1464	9	28	development	development	NOUN
ajbmeb-1464	9	29	of	of	ADP
ajbmeb-1464	9	30	smart	smart	ADJ
ajbmeb-1464	9	31	digital	digital	ADJ
ajbmeb-1464	9	32	technologies	technology	NOUN
ajbmeb-1464	9	33	to	to	ADP
ajbmeb-1464	9	34	the	the	DET
ajbmeb-1464	9	35	extent	extent	NOUN
ajbmeb-1464	9	36	that	that	PRON
ajbmeb-1464	9	37	digital	digital	ADJ
ajbmeb-1464	9	38	currencies	currency	NOUN
ajbmeb-1464	9	39	have	have	AUX
ajbmeb-1464	9	40	become	become	AUX
ajbmeb-1464	9	41	used	use	VERB
ajbmeb-1464	9	42	as	as	ADP
ajbmeb-1464	9	43	a	a	DET
ajbmeb-1464	9	44	means	means	NOUN
ajbmeb-1464	9	45	of	of	ADP
ajbmeb-1464	9	46	exchange	exchange	NOUN
ajbmeb-1464	9	47	.	.	PUNCT
ajbmeb-1464	10	1	despite	despite	SCONJ
ajbmeb-1464	10	2	some	some	DET
ajbmeb-1464	10	3	positive	positive	ADJ
ajbmeb-1464	10	4	american	american	ADJ
ajbmeb-1464	10	5	journal	journal	NOUN
ajbmeb-1464	10	6	of	of	ADP
ajbmeb-1464	10	7	business	business	NOUN
ajbmeb-1464	10	8	management	management	NOUN
ajbmeb-1464	10	9	,	,	PUNCT
ajbmeb-1464	10	10	economics	economic	NOUN
ajbmeb-1464	10	11	and	and	CCONJ
ajbmeb-1464	10	12	banking	banking	NOUN
ajbmeb-1464	10	13	volume	volume	NOUN
ajbmeb-1464	10	14	18	18	NUM
ajbmeb-1464	10	15	nov	nov	PROPN
ajbmeb-1464	10	16	.	.	PROPN
ajbmeb-1464	10	17	,	,	PUNCT
ajbmeb-1464	10	18	2023	2023	NUM
ajbmeb-1464	10	19	p	p	NOUN
ajbmeb-1464	10	20	a	a	DET
ajbmeb-1464	10	21	g	g	NOUN
ajbmeb-1464	10	22	e	e	NOUN
ajbmeb-1464	10	23	|	|	ADV
ajbmeb-1464	10	24	101	101	NUM
ajbmeb-1464	10	25	www.americanjournal.org	www.americanjournal.org	PROPN
ajbmeb-1464	10	26	characteristics	characteristic	NOUN
ajbmeb-1464	10	27	of	of	ADP
ajbmeb-1464	10	28	digital	digital	ADJ
ajbmeb-1464	10	29	currencies	currency	NOUN
ajbmeb-1464	10	30	such	such	ADJ
ajbmeb-1464	10	31	as	as	ADP
ajbmeb-1464	10	32	universality	universality	NOUN
ajbmeb-1464	10	33	and	and	CCONJ
ajbmeb-1464	10	34	accessibility	accessibility	NOUN
ajbmeb-1464	10	35	,	,	PUNCT
ajbmeb-1464	10	36	it	it	PRON
ajbmeb-1464	10	37	is	be	AUX
ajbmeb-1464	10	38	witnessing	witness	VERB
ajbmeb-1464	10	39	a	a	DET
ajbmeb-1464	10	40	state	state	NOUN
ajbmeb-1464	10	41	of	of	ADP
ajbmeb-1464	10	42	instability	instability	NOUN
ajbmeb-1464	10	43	as	as	SCONJ
ajbmeb-1464	10	44	it	it	PRON
ajbmeb-1464	10	45	was	be	AUX
ajbmeb-1464	10	46	vulnerable	vulnerable	ADJ
ajbmeb-1464	10	47	to	to	ADP
ajbmeb-1464	10	48	fluctuate	fluctuate	VERB
ajbmeb-1464	10	49	in	in	ADP
ajbmeb-1464	10	50	value	value	NOUN
ajbmeb-1464	10	51	up	up	ADP
ajbmeb-1464	10	52	and	and	CCONJ
ajbmeb-1464	10	53	down	down	ADV
ajbmeb-1464	10	54	.	.	PUNCT
ajbmeb-1464	11	1	that	that	PRON
ajbmeb-1464	11	2	is	be	AUX
ajbmeb-1464	11	3	why	why	SCONJ
ajbmeb-1464	11	4	the	the	DET
ajbmeb-1464	11	5	past	past	ADJ
ajbmeb-1464	11	6	few	few	ADJ
ajbmeb-1464	11	7	years	year	NOUN
ajbmeb-1464	11	8	have	have	AUX
ajbmeb-1464	11	9	witnessed	witness	VERB
ajbmeb-1464	11	10	a	a	DET
ajbmeb-1464	11	11	great	great	ADJ
ajbmeb-1464	11	12	expansion	expansion	NOUN
ajbmeb-1464	11	13	in	in	ADP
ajbmeb-1464	11	14	the	the	DET
ajbmeb-1464	11	15	volume	volume	NOUN
ajbmeb-1464	11	16	of	of	ADP
ajbmeb-1464	11	17	discussions	discussion	NOUN
ajbmeb-1464	11	18	about	about	ADP
ajbmeb-1464	11	19	the	the	DET
ajbmeb-1464	11	20	disturbance	disturbance	NOUN
ajbmeb-1464	11	21	in	in	ADP
ajbmeb-1464	11	22	the	the	DET
ajbmeb-1464	11	23	value	value	NOUN
ajbmeb-1464	11	24	of	of	ADP
ajbmeb-1464	11	25	digital	digital	ADJ
ajbmeb-1464	11	26	currencies	currency	NOUN
ajbmeb-1464	11	27	.	.	PUNCT
ajbmeb-1464	12	1	as	as	ADP
ajbmeb-1464	12	2	a	a	DET
ajbmeb-1464	12	3	result	result	NOUN
ajbmeb-1464	12	4	,	,	PUNCT
ajbmeb-1464	12	5	many	many	ADJ
ajbmeb-1464	12	6	proposals	proposal	NOUN
ajbmeb-1464	12	7	were	be	AUX
ajbmeb-1464	12	8	put	put	VERB
ajbmeb-1464	12	9	forward	forward	ADV
ajbmeb-1464	12	10	to	to	PART
ajbmeb-1464	12	11	issue	issue	VERB
ajbmeb-1464	12	12	stable	stable	ADJ
ajbmeb-1464	12	13	global	global	ADJ
ajbmeb-1464	12	14	currencies	currency	NOUN
ajbmeb-1464	12	15	.	.	PUNCT
ajbmeb-1464	13	1	many	many	ADJ
ajbmeb-1464	13	2	central	central	ADJ
ajbmeb-1464	13	3	banks	bank	NOUN
ajbmeb-1464	13	4	adopted	adopt	VERB
ajbmeb-1464	13	5	a	a	DET
ajbmeb-1464	13	6	more	more	ADV
ajbmeb-1464	13	7	proactive	proactive	ADJ
ajbmeb-1464	13	8	stance	stance	NOUN
ajbmeb-1464	13	9	than	than	ADP
ajbmeb-1464	13	10	other	other	ADJ
ajbmeb-1464	13	11	central	central	ADJ
ajbmeb-1464	13	12	banks	bank	NOUN
ajbmeb-1464	13	13	about	about	ADP
ajbmeb-1464	13	14	future	future	ADJ
ajbmeb-1464	13	15	expectations	expectation	NOUN
ajbmeb-1464	13	16	for	for	ADP
ajbmeb-1464	13	17	digital	digital	ADJ
ajbmeb-1464	13	18	currencies	currency	NOUN
ajbmeb-1464	13	19	and	and	CCONJ
ajbmeb-1464	13	20	instead	instead	ADV
ajbmeb-1464	13	21	of	of	ADP
ajbmeb-1464	13	22	continuing	continue	VERB
ajbmeb-1464	13	23	to	to	PART
ajbmeb-1464	13	24	deal	deal	VERB
ajbmeb-1464	13	25	with	with	ADP
ajbmeb-1464	13	26	the	the	DET
ajbmeb-1464	13	27	system	system	NOUN
ajbmeb-1464	13	28	the	the	DET
ajbmeb-1464	13	29	prevailing	prevail	VERB
ajbmeb-1464	13	30	monetary	monetary	ADJ
ajbmeb-1464	13	31	these	these	DET
ajbmeb-1464	13	32	central	central	ADJ
ajbmeb-1464	13	33	banks	bank	NOUN
ajbmeb-1464	13	34	began	begin	VERB
ajbmeb-1464	13	35	their	their	PRON
ajbmeb-1464	13	36	active	active	ADJ
ajbmeb-1464	13	37	participation	participation	NOUN
ajbmeb-1464	13	38	in	in	ADP
ajbmeb-1464	13	39	research	research	NOUN
ajbmeb-1464	13	40	and	and	CCONJ
ajbmeb-1464	13	41	studies	study	NOUN
ajbmeb-1464	13	42	on	on	ADP
ajbmeb-1464	13	43	the	the	DET
ajbmeb-1464	13	44	issuance	issuance	NOUN
ajbmeb-1464	13	45	of	of	ADP
ajbmeb-1464	13	46	their	their	PRON
ajbmeb-1464	13	47	digital	digital	ADJ
ajbmeb-1464	13	48	currencies	currency	NOUN
ajbmeb-1464	13	49	.	.	PUNCT
ajbmeb-1464	14	1	as	as	ADP
ajbmeb-1464	14	2	a	a	DET
ajbmeb-1464	14	3	survey	survey	NOUN
ajbmeb-1464	14	4	conducted	conduct	VERB
ajbmeb-1464	14	5	at	at	ADP
ajbmeb-1464	14	6	the	the	DET
ajbmeb-1464	14	7	end	end	NOUN
ajbmeb-1464	14	8	of	of	ADP
ajbmeb-1464	14	9	2020	2020	NUM
ajbmeb-1464	14	10	indicated	indicate	VERB
ajbmeb-1464	14	11	that	that	SCONJ
ajbmeb-1464	14	12	86	86	NUM
ajbmeb-1464	14	13	%	%	NOUN
ajbmeb-1464	14	14	of	of	ADP
ajbmeb-1464	14	15	global	global	ADJ
ajbmeb-1464	14	16	central	central	ADJ
ajbmeb-1464	14	17	banks	bank	NOUN
ajbmeb-1464	14	18	participated	participate	VERB
ajbmeb-1464	14	19	in	in	ADP
ajbmeb-1464	14	20	research	research	NOUN
ajbmeb-1464	14	21	and	and	CCONJ
ajbmeb-1464	14	22	study	study	NOUN
ajbmeb-1464	14	23	of	of	ADP
ajbmeb-1464	14	24	the	the	DET
ajbmeb-1464	14	25	issue	issue	NOUN
ajbmeb-1464	14	26	of	of	ADP
ajbmeb-1464	14	27	issuing	issue	VERB
ajbmeb-1464	14	28	their	their	PRON
ajbmeb-1464	14	29	digital	digital	ADJ
ajbmeb-1464	14	30	currency	currency	NOUN
ajbmeb-1464	14	31	,	,	PUNCT
ajbmeb-1464	14	32	and	and	CCONJ
ajbmeb-1464	14	33	that	that	SCONJ
ajbmeb-1464	14	34	56	56	NUM
ajbmeb-1464	14	35	%	%	NOUN
ajbmeb-1464	14	36	of	of	ADP
ajbmeb-1464	14	37	global	global	ADJ
ajbmeb-1464	14	38	central	central	ADJ
ajbmeb-1464	14	39	banks	bank	NOUN
ajbmeb-1464	14	40	revealed	reveal	VERB
ajbmeb-1464	14	41	their	their	PRON
ajbmeb-1464	14	42	efforts	effort	NOUN
ajbmeb-1464	14	43	to	to	PART
ajbmeb-1464	14	44	develop	develop	VERB
ajbmeb-1464	14	45	the	the	DET
ajbmeb-1464	14	46	issuance	issuance	NOUN
ajbmeb-1464	14	47	of	of	ADP
ajbmeb-1464	14	48	digital	digital	ADJ
ajbmeb-1464	14	49	currencies	currency	NOUN
ajbmeb-1464	15	1	[	[	X
ajbmeb-1464	15	2	1	1	NUM
ajbmeb-1464	15	3	]	]	PUNCT
ajbmeb-1464	15	4	.	.	PUNCT
ajbmeb-1464	16	1	the	the	DET
ajbmeb-1464	16	2	digitization	digitization	NOUN
ajbmeb-1464	16	3	of	of	ADP
ajbmeb-1464	16	4	economies	economy	NOUN
ajbmeb-1464	16	5	has	have	VERB
ajbmeb-1464	16	6	far	far	ADV
ajbmeb-1464	16	7	-	-	PUNCT
ajbmeb-1464	16	8	reaching	reach	VERB
ajbmeb-1464	16	9	effects	effect	NOUN
ajbmeb-1464	16	10	on	on	ADP
ajbmeb-1464	16	11	many	many	ADJ
ajbmeb-1464	16	12	economic	economic	ADJ
ajbmeb-1464	16	13	variables	variable	NOUN
ajbmeb-1464	16	14	,	,	PUNCT
ajbmeb-1464	16	15	not	not	PART
ajbmeb-1464	16	16	the	the	DET
ajbmeb-1464	16	17	least	least	ADJ
ajbmeb-1464	16	18	of	of	ADP
ajbmeb-1464	16	19	which	which	PRON
ajbmeb-1464	16	20	is	be	AUX
ajbmeb-1464	16	21	the	the	DET
ajbmeb-1464	16	22	monetary	monetary	ADJ
ajbmeb-1464	16	23	economy	economy	NOUN
ajbmeb-1464	16	24	.	.	PUNCT
ajbmeb-1464	17	1	the	the	DET
ajbmeb-1464	17	2	availability	availability	NOUN
ajbmeb-1464	17	3	of	of	ADP
ajbmeb-1464	17	4	huge	huge	ADJ
ajbmeb-1464	17	5	amounts	amount	NOUN
ajbmeb-1464	17	6	of	of	ADP
ajbmeb-1464	17	7	data	datum	NOUN
ajbmeb-1464	17	8	generated	generate	VERB
ajbmeb-1464	17	9	by	by	ADP
ajbmeb-1464	17	10	digital	digital	ADJ
ajbmeb-1464	17	11	activities	activity	NOUN
ajbmeb-1464	17	12	is	be	AUX
ajbmeb-1464	17	13	capable	capable	ADJ
ajbmeb-1464	17	14	of	of	ADP
ajbmeb-1464	17	15	creating	create	VERB
ajbmeb-1464	17	16	new	new	ADJ
ajbmeb-1464	17	17	opportunities	opportunity	NOUN
ajbmeb-1464	17	18	and	and	CCONJ
ajbmeb-1464	17	19	challenges	challenge	NOUN
ajbmeb-1464	17	20	for	for	ADP
ajbmeb-1464	17	21	the	the	DET
ajbmeb-1464	17	22	monetary	monetary	ADJ
ajbmeb-1464	17	23	system	system	NOUN
ajbmeb-1464	17	24	.	.	PUNCT
ajbmeb-1464	18	1	for	for	ADP
ajbmeb-1464	18	2	these	these	DET
ajbmeb-1464	18	3	reasons	reason	NOUN
ajbmeb-1464	18	4	and	and	CCONJ
ajbmeb-1464	18	5	in	in	ADP
ajbmeb-1464	18	6	this	this	DET
ajbmeb-1464	18	7	context	context	NOUN
ajbmeb-1464	18	8	,	,	PUNCT
ajbmeb-1464	18	9	the	the	DET
ajbmeb-1464	18	10	pace	pace	NOUN
ajbmeb-1464	18	11	of	of	ADP
ajbmeb-1464	18	12	issuance	issuance	NOUN
ajbmeb-1464	18	13	of	of	ADP
ajbmeb-1464	18	14	(	(	PUNCT
ajbmeb-1464	18	15	cbdcs	cbdc	NOUN
ajbmeb-1464	18	16	)	)	PUNCT
ajbmeb-1464	18	17	accelerated	accelerate	VERB
ajbmeb-1464	18	18	,	,	PUNCT
ajbmeb-1464	18	19	although	although	SCONJ
ajbmeb-1464	18	20	it	it	PRON
ajbmeb-1464	18	21	took	take	VERB
ajbmeb-1464	18	22	a	a	DET
ajbmeb-1464	18	23	cautious	cautious	ADJ
ajbmeb-1464	18	24	approach	approach	NOUN
ajbmeb-1464	18	25	at	at	ADP
ajbmeb-1464	18	26	the	the	DET
ajbmeb-1464	18	27	beginning	beginning	NOUN
ajbmeb-1464	18	28	,	,	PUNCT
ajbmeb-1464	18	29	as	as	SCONJ
ajbmeb-1464	18	30	these	these	DET
ajbmeb-1464	18	31	currencies	currency	NOUN
ajbmeb-1464	18	32	were	be	AUX
ajbmeb-1464	18	33	characterized	characterize	VERB
ajbmeb-1464	18	34	by	by	ADP
ajbmeb-1464	18	35	stability	stability	NOUN
ajbmeb-1464	18	36	and	and	CCONJ
ajbmeb-1464	18	37	the	the	DET
ajbmeb-1464	18	38	possibility	possibility	NOUN
ajbmeb-1464	18	39	of	of	ADP
ajbmeb-1464	18	40	accessing	access	VERB
ajbmeb-1464	18	41	them	they	PRON
ajbmeb-1464	18	42	by	by	ADP
ajbmeb-1464	18	43	users	user	NOUN
ajbmeb-1464	18	44	and	and	CCONJ
ajbmeb-1464	18	45	benefiting	benefit	VERB
ajbmeb-1464	18	46	from	from	ADP
ajbmeb-1464	18	47	them	they	PRON
ajbmeb-1464	18	48	in	in	ADP
ajbmeb-1464	18	49	cross	cross	ADJ
ajbmeb-1464	18	50	-	-	ADJ
ajbmeb-1464	18	51	border	border	ADJ
ajbmeb-1464	18	52	transfers	transfer	NOUN
ajbmeb-1464	18	53	,	,	PUNCT
ajbmeb-1464	18	54	taking	take	VERB
ajbmeb-1464	18	55	advantage	advantage	NOUN
ajbmeb-1464	18	56	of	of	ADP
ajbmeb-1464	18	57	modern	modern	ADJ
ajbmeb-1464	18	58	technology	technology	NOUN
ajbmeb-1464	18	59	.	.	PUNCT
ajbmeb-1464	19	1	however	however	ADV
ajbmeb-1464	19	2	,	,	PUNCT
ajbmeb-1464	19	3	there	there	PRON
ajbmeb-1464	19	4	is	be	VERB
ajbmeb-1464	19	5	still	still	ADV
ajbmeb-1464	19	6	no	no	DET
ajbmeb-1464	19	7	consensus	consensus	NOUN
ajbmeb-1464	19	8	among	among	ADP
ajbmeb-1464	19	9	all	all	DET
ajbmeb-1464	19	10	central	central	ADJ
ajbmeb-1464	19	11	banks	bank	NOUN
ajbmeb-1464	19	12	are	be	AUX
ajbmeb-1464	19	13	aware	aware	ADJ
ajbmeb-1464	19	14	of	of	ADP
ajbmeb-1464	19	15	the	the	DET
ajbmeb-1464	19	16	actual	actual	ADJ
ajbmeb-1464	19	17	need	need	NOUN
ajbmeb-1464	19	18	to	to	PART
ajbmeb-1464	19	19	issue	issue	VERB
ajbmeb-1464	19	20	digital	digital	ADJ
ajbmeb-1464	19	21	currencies	currency	NOUN
ajbmeb-1464	19	22	specific	specific	ADJ
ajbmeb-1464	19	23	to	to	ADP
ajbmeb-1464	19	24	each	each	DET
ajbmeb-1464	19	25	central	central	ADJ
ajbmeb-1464	19	26	bank	bank	NOUN
ajbmeb-1464	20	1	[	[	X
ajbmeb-1464	20	2	2	2	NUM
ajbmeb-1464	20	3	]	]	PUNCT
ajbmeb-1464	20	4	.	.	PUNCT
ajbmeb-1464	21	1	this	this	PRON
ajbmeb-1464	21	2	was	be	AUX
ajbmeb-1464	21	3	accompanied	accompany	VERB
ajbmeb-1464	21	4	by	by	ADP
ajbmeb-1464	21	5	very	very	ADV
ajbmeb-1464	21	6	important	important	ADJ
ajbmeb-1464	21	7	discussions	discussion	NOUN
ajbmeb-1464	21	8	looking	look	VERB
ajbmeb-1464	21	9	at	at	ADP
ajbmeb-1464	21	10	the	the	DET
ajbmeb-1464	21	11	economic	economic	ADJ
ajbmeb-1464	21	12	effects	effect	NOUN
ajbmeb-1464	21	13	that	that	PRON
ajbmeb-1464	21	14	cbdcs	cbdc	NOUN
ajbmeb-1464	21	15	can	can	AUX
ajbmeb-1464	21	16	have	have	VERB
ajbmeb-1464	21	17	on	on	ADP
ajbmeb-1464	21	18	the	the	DET
ajbmeb-1464	21	19	cash	cash	NOUN
ajbmeb-1464	21	20	reserves	reserve	NOUN
ajbmeb-1464	21	21	of	of	ADP
ajbmeb-1464	21	22	central	central	ADJ
ajbmeb-1464	21	23	banks	bank	NOUN
ajbmeb-1464	21	24	and	and	CCONJ
ajbmeb-1464	21	25	their	their	PRON
ajbmeb-1464	21	26	balance	balance	NOUN
ajbmeb-1464	21	27	sheets	sheet	NOUN
ajbmeb-1464	21	28	,	,	PUNCT
ajbmeb-1464	21	29	and	and	CCONJ
ajbmeb-1464	21	30	thus	thus	ADV
ajbmeb-1464	21	31	the	the	DET
ajbmeb-1464	21	32	impact	impact	NOUN
ajbmeb-1464	21	33	on	on	ADP
ajbmeb-1464	21	34	the	the	DET
ajbmeb-1464	21	35	extent	extent	NOUN
ajbmeb-1464	21	36	of	of	ADP
ajbmeb-1464	21	37	their	their	PRON
ajbmeb-1464	21	38	interaction	interaction	NOUN
ajbmeb-1464	21	39	with	with	ADP
ajbmeb-1464	21	40	commercial	commercial	ADJ
ajbmeb-1464	21	41	banks	bank	NOUN
ajbmeb-1464	21	42	.	.	PUNCT
ajbmeb-1464	22	1	the	the	DET
ajbmeb-1464	22	2	effects	effect	NOUN
ajbmeb-1464	22	3	that	that	PRON
ajbmeb-1464	22	4	cbdcs	cbdc	NOUN
ajbmeb-1464	22	5	can	can	AUX
ajbmeb-1464	22	6	have	have	VERB
ajbmeb-1464	22	7	on	on	ADP
ajbmeb-1464	22	8	the	the	DET
ajbmeb-1464	22	9	effectiveness	effectiveness	NOUN
ajbmeb-1464	22	10	of	of	ADP
ajbmeb-1464	22	11	monetary	monetary	ADJ
ajbmeb-1464	22	12	policy	policy	NOUN
ajbmeb-1464	22	13	and	and	CCONJ
ajbmeb-1464	22	14	financial	financial	ADJ
ajbmeb-1464	22	15	stability	stability	NOUN
ajbmeb-1464	22	16	were	be	AUX
ajbmeb-1464	22	17	also	also	ADV
ajbmeb-1464	22	18	researched	research	VERB
ajbmeb-1464	22	19	and	and	CCONJ
ajbmeb-1464	22	20	studied	study	VERB
ajbmeb-1464	22	21	.	.	PUNCT
ajbmeb-1464	23	1	these	these	DET
ajbmeb-1464	23	2	discussions	discussion	NOUN
ajbmeb-1464	23	3	generated	generate	VERB
ajbmeb-1464	23	4	increasing	increase	VERB
ajbmeb-1464	23	5	confidence	confidence	NOUN
ajbmeb-1464	23	6	that	that	SCONJ
ajbmeb-1464	23	7	the	the	DET
ajbmeb-1464	23	8	targeted	target	VERB
ajbmeb-1464	23	9	economic	economic	ADJ
ajbmeb-1464	23	10	model	model	NOUN
ajbmeb-1464	23	11	can	can	AUX
ajbmeb-1464	23	12	achieve	achieve	VERB
ajbmeb-1464	23	13	the	the	DET
ajbmeb-1464	23	14	objectives	objective	NOUN
ajbmeb-1464	23	15	of	of	ADP
ajbmeb-1464	23	16	the	the	DET
ajbmeb-1464	23	17	general	general	ADJ
ajbmeb-1464	23	18	economic	economic	ADJ
ajbmeb-1464	23	19	policy	policy	NOUN
ajbmeb-1464	23	20	,	,	PUNCT
ajbmeb-1464	23	21	reduce	reduce	VERB
ajbmeb-1464	23	22	the	the	DET
ajbmeb-1464	23	23	negative	negative	ADJ
ajbmeb-1464	23	24	effects	effect	NOUN
ajbmeb-1464	23	25	,	,	PUNCT
ajbmeb-1464	23	26	increase	increase	VERB
ajbmeb-1464	23	27	the	the	DET
ajbmeb-1464	23	28	effectiveness	effectiveness	NOUN
ajbmeb-1464	23	29	of	of	ADP
ajbmeb-1464	23	30	monetary	monetary	ADJ
ajbmeb-1464	23	31	policy	policy	NOUN
ajbmeb-1464	23	32	,	,	PUNCT
ajbmeb-1464	23	33	and	and	CCONJ
ajbmeb-1464	23	34	improve	improve	VERB
ajbmeb-1464	23	35	the	the	DET
ajbmeb-1464	23	36	efficiency	efficiency	NOUN
ajbmeb-1464	23	37	of	of	ADP
ajbmeb-1464	23	38	the	the	DET
ajbmeb-1464	23	39	payments	payment	NOUN
ajbmeb-1464	23	40	system	system	NOUN
ajbmeb-1464	23	41	[	[	X
ajbmeb-1464	23	42	2],[3	2],[3	NUM
ajbmeb-1464	23	43	]	]	PUNCT
ajbmeb-1464	23	44	.	.	PUNCT
ajbmeb-1464	24	1	this	this	PRON
ajbmeb-1464	24	2	made	make	VERB
ajbmeb-1464	24	3	many	many	ADJ
ajbmeb-1464	24	4	central	central	ADJ
ajbmeb-1464	24	5	banks	bank	NOUN
ajbmeb-1464	24	6	see	see	VERB
ajbmeb-1464	24	7	that	that	SCONJ
ajbmeb-1464	24	8	their	their	PRON
ajbmeb-1464	24	9	digital	digital	ADJ
ajbmeb-1464	24	10	currencies	currency	NOUN
ajbmeb-1464	24	11	represent	represent	VERB
ajbmeb-1464	24	12	an	an	DET
ajbmeb-1464	24	13	infrastructure	infrastructure	NOUN
ajbmeb-1464	24	14	that	that	PRON
ajbmeb-1464	24	15	can	can	AUX
ajbmeb-1464	24	16	help	help	VERB
ajbmeb-1464	24	17	expand	expand	VERB
ajbmeb-1464	24	18	markets	market	NOUN
ajbmeb-1464	24	19	and	and	CCONJ
ajbmeb-1464	24	20	increase	increase	VERB
ajbmeb-1464	24	21	their	their	PRON
ajbmeb-1464	24	22	competitiveness	competitiveness	NOUN
ajbmeb-1464	24	23	in	in	ADP
ajbmeb-1464	24	24	the	the	DET
ajbmeb-1464	24	25	face	face	NOUN
ajbmeb-1464	24	26	of	of	ADP
ajbmeb-1464	24	27	the	the	DET
ajbmeb-1464	24	28	incursion	incursion	NOUN
ajbmeb-1464	24	29	of	of	ADP
ajbmeb-1464	24	30	major	major	ADJ
ajbmeb-1464	24	31	technology	technology	NOUN
ajbmeb-1464	24	32	companies	company	NOUN
ajbmeb-1464	24	33	into	into	ADP
ajbmeb-1464	24	34	payment	payment	NOUN
ajbmeb-1464	24	35	systems	system	NOUN
ajbmeb-1464	24	36	[	[	X
ajbmeb-1464	24	37	4	4	NUM
ajbmeb-1464	24	38	]	]	PUNCT
ajbmeb-1464	24	39	.	.	PUNCT
ajbmeb-1464	25	1	accordingly	accordingly	ADV
ajbmeb-1464	25	2	,	,	PUNCT
ajbmeb-1464	25	3	it	it	PRON
ajbmeb-1464	25	4	can	can	AUX
ajbmeb-1464	25	5	be	be	AUX
ajbmeb-1464	25	6	said	say	VERB
ajbmeb-1464	25	7	that	that	SCONJ
ajbmeb-1464	25	8	the	the	DET
ajbmeb-1464	25	9	issuance	issuance	NOUN
ajbmeb-1464	25	10	of	of	ADP
ajbmeb-1464	25	11	these	these	DET
ajbmeb-1464	25	12	currencies	currency	NOUN
ajbmeb-1464	25	13	is	be	AUX
ajbmeb-1464	25	14	one	one	NUM
ajbmeb-1464	25	15	of	of	ADP
ajbmeb-1464	25	16	the	the	DET
ajbmeb-1464	25	17	tasks	task	NOUN
ajbmeb-1464	25	18	and	and	CCONJ
ajbmeb-1464	25	19	responsibilities	responsibility	NOUN
ajbmeb-1464	25	20	of	of	ADP
ajbmeb-1464	25	21	central	central	ADJ
ajbmeb-1464	25	22	banks	bank	NOUN
ajbmeb-1464	25	23	,	,	PUNCT
ajbmeb-1464	25	24	and	and	CCONJ
ajbmeb-1464	25	25	they	they	PRON
ajbmeb-1464	25	26	are	be	AUX
ajbmeb-1464	25	27	a	a	DET
ajbmeb-1464	25	28	form	form	NOUN
ajbmeb-1464	25	29	of	of	ADP
ajbmeb-1464	25	30	digital	digital	ADJ
ajbmeb-1464	25	31	money	money	NOUN
ajbmeb-1464	25	32	denominated	denominate	VERB
ajbmeb-1464	25	33	in	in	ADP
ajbmeb-1464	25	34	a	a	DET
ajbmeb-1464	25	35	national	national	ADJ
ajbmeb-1464	25	36	unit	unit	NOUN
ajbmeb-1464	25	37	of	of	ADP
ajbmeb-1464	25	38	account	account	NOUN
ajbmeb-1464	25	39	.	.	PUNCT
ajbmeb-1464	26	1	these	these	DET
ajbmeb-1464	26	2	currencies	currency	NOUN
ajbmeb-1464	26	3	can	can	AUX
ajbmeb-1464	26	4	be	be	AUX
ajbmeb-1464	26	5	intended	intend	VERB
ajbmeb-1464	26	6	for	for	ADP
ajbmeb-1464	26	7	use	use	NOUN
ajbmeb-1464	26	8	by	by	ADP
ajbmeb-1464	26	9	financial	financial	ADJ
ajbmeb-1464	26	10	institutions	institution	NOUN
ajbmeb-1464	26	11	or	or	CCONJ
ajbmeb-1464	26	12	by	by	ADP
ajbmeb-1464	26	13	families	family	NOUN
ajbmeb-1464	26	14	and	and	CCONJ
ajbmeb-1464	26	15	companies	company	NOUN
ajbmeb-1464	26	16	,	,	PUNCT
ajbmeb-1464	26	17	and	and	CCONJ
ajbmeb-1464	26	18	these	these	DET
ajbmeb-1464	26	19	currencies	currency	NOUN
ajbmeb-1464	26	20	can	can	AUX
ajbmeb-1464	26	21	be	be	AUX
ajbmeb-1464	26	22	defined	define	VERB
ajbmeb-1464	26	23	or	or	CCONJ
ajbmeb-1464	26	24	can	can	AUX
ajbmeb-1464	26	25	be	be	AUX
ajbmeb-1464	26	26	expressed	express	VERB
ajbmeb-1464	26	27	with	with	ADP
ajbmeb-1464	26	28	certain	certain	ADJ
ajbmeb-1464	26	29	symbols	symbol	NOUN
ajbmeb-1464	26	30	that	that	PRON
ajbmeb-1464	26	31	enable	enable	VERB
ajbmeb-1464	26	32	the	the	DET
ajbmeb-1464	26	33	masking	masking	NOUN
ajbmeb-1464	26	34	of	of	ADP
ajbmeb-1464	26	35	identification	identification	NOUN
ajbmeb-1464	26	36	in	in	ADP
ajbmeb-1464	26	37	payments	payment	NOUN
ajbmeb-1464	26	38	.	.	PUNCT
ajbmeb-1464	27	1	in	in	ADP
ajbmeb-1464	27	2	the	the	DET
ajbmeb-1464	27	3	recent	recent	ADJ
ajbmeb-1464	27	4	period	period	NOUN
ajbmeb-1464	27	5	,	,	PUNCT
ajbmeb-1464	27	6	the	the	DET
ajbmeb-1464	27	7	digital	digital	ADJ
ajbmeb-1464	27	8	currencies	currency	NOUN
ajbmeb-1464	27	9	of	of	ADP
ajbmeb-1464	27	10	central	central	ADJ
ajbmeb-1464	27	11	banks	bank	NOUN
ajbmeb-1464	27	12	have	have	AUX
ajbmeb-1464	27	13	witnessed	witness	VERB
ajbmeb-1464	27	14	a	a	DET
ajbmeb-1464	27	15	great	great	ADJ
ajbmeb-1464	27	16	development	development	NOUN
ajbmeb-1464	27	17	that	that	PRON
ajbmeb-1464	27	18	keeps	keep	VERB
ajbmeb-1464	27	19	pace	pace	NOUN
ajbmeb-1464	27	20	with	with	ADP
ajbmeb-1464	27	21	developments	development	NOUN
ajbmeb-1464	27	22	in	in	ADP
ajbmeb-1464	27	23	the	the	DET
ajbmeb-1464	27	24	economy	economy	NOUN
ajbmeb-1464	27	25	around	around	ADP
ajbmeb-1464	27	26	the	the	DET
ajbmeb-1464	27	27	world	world	NOUN
ajbmeb-1464	27	28	and	and	CCONJ
ajbmeb-1464	27	29	in	in	ADP
ajbmeb-1464	27	30	line	line	NOUN
ajbmeb-1464	27	31	with	with	ADP
ajbmeb-1464	27	32	the	the	DET
ajbmeb-1464	27	33	integration	integration	NOUN
ajbmeb-1464	27	34	of	of	ADP
ajbmeb-1464	27	35	theory	theory	NOUN
ajbmeb-1464	27	36	with	with	ADP
ajbmeb-1464	27	37	application	application	NOUN
ajbmeb-1464	27	38	.	.	PUNCT
ajbmeb-1464	28	1	however	however	ADV
ajbmeb-1464	28	2	,	,	PUNCT
ajbmeb-1464	28	3	there	there	PRON
ajbmeb-1464	28	4	are	be	VERB
ajbmeb-1464	28	5	some	some	DET
ajbmeb-1464	28	6	gaps	gap	NOUN
ajbmeb-1464	28	7	in	in	ADP
ajbmeb-1464	28	8	this	this	DET
ajbmeb-1464	28	9	development	development	NOUN
ajbmeb-1464	28	10	through	through	ADP
ajbmeb-1464	28	11	which	which	PRON
ajbmeb-1464	28	12	some	some	DET
ajbmeb-1464	28	13	important	important	ADJ
ajbmeb-1464	28	14	questions	question	NOUN
ajbmeb-1464	28	15	can	can	AUX
ajbmeb-1464	28	16	be	be	AUX
ajbmeb-1464	28	17	raised	raise	VERB
ajbmeb-1464	28	18	about	about	ADP
ajbmeb-1464	28	19	the	the	DET
ajbmeb-1464	28	20	international	international	ADJ
ajbmeb-1464	28	21	effects	effect	NOUN
ajbmeb-1464	28	22	of	of	ADP
ajbmeb-1464	28	23	issuing	issue	VERB
ajbmeb-1464	28	24	digital	digital	ADJ
ajbmeb-1464	28	25	currencies	currency	NOUN
ajbmeb-1464	28	26	of	of	ADP
ajbmeb-1464	28	27	central	central	ADJ
ajbmeb-1464	28	28	banks	bank	NOUN
ajbmeb-1464	28	29	on	on	ADP
ajbmeb-1464	28	30	the	the	DET
ajbmeb-1464	28	31	issuing	issue	VERB
ajbmeb-1464	28	32	countries	country	NOUN
ajbmeb-1464	28	33	on	on	ADP
ajbmeb-1464	28	34	the	the	DET
ajbmeb-1464	28	35	one	one	NUM
ajbmeb-1464	28	36	hand	hand	NOUN
ajbmeb-1464	28	37	and	and	CCONJ
ajbmeb-1464	28	38	on	on	ADP
ajbmeb-1464	28	39	the	the	DET
ajbmeb-1464	28	40	countries	country	NOUN
ajbmeb-1464	28	41	receiving	receive	VERB
ajbmeb-1464	28	42	these	these	DET
ajbmeb-1464	28	43	currencies	currency	NOUN
ajbmeb-1464	28	44	on	on	ADP
ajbmeb-1464	28	45	the	the	DET
ajbmeb-1464	28	46	other	other	ADJ
ajbmeb-1464	28	47	hand	hand	NOUN
ajbmeb-1464	28	48	,	,	PUNCT
ajbmeb-1464	28	49	and	and	CCONJ
ajbmeb-1464	28	50	the	the	DET
ajbmeb-1464	28	51	subject	subject	NOUN
ajbmeb-1464	28	52	still	still	ADV
ajbmeb-1464	28	53	needs	need	VERB
ajbmeb-1464	28	54	more	more	ADJ
ajbmeb-1464	28	55	research	research	NOUN
ajbmeb-1464	28	56	and	and	CCONJ
ajbmeb-1464	28	57	study	study	NOUN
ajbmeb-1464	28	58	.	.	PUNCT
ajbmeb-1464	29	1	from	from	ADP
ajbmeb-1464	29	2	the	the	DET
ajbmeb-1464	29	3	aforementioned	aforementione	VERB
ajbmeb-1464	29	4	,	,	PUNCT
ajbmeb-1464	29	5	this	this	DET
ajbmeb-1464	29	6	paper	paper	NOUN
ajbmeb-1464	29	7	was	be	AUX
ajbmeb-1464	29	8	organized	organize	VERB
ajbmeb-1464	29	9	to	to	PART
ajbmeb-1464	29	10	deal	deal	VERB
ajbmeb-1464	29	11	with	with	ADP
ajbmeb-1464	29	12	a	a	DET
ajbmeb-1464	29	13	theoretical	theoretical	ADJ
ajbmeb-1464	29	14	framework	framework	NOUN
ajbmeb-1464	29	15	that	that	PRON
ajbmeb-1464	29	16	enters	enter	VERB
ajbmeb-1464	29	17	into	into	ADP
ajbmeb-1464	29	18	the	the	DET
ajbmeb-1464	29	19	economic	economic	ADJ
ajbmeb-1464	29	20	literature	literature	NOUN
ajbmeb-1464	29	21	about	about	ADP
ajbmeb-1464	29	22	the	the	DET
ajbmeb-1464	29	23	digital	digital	ADJ
ajbmeb-1464	29	24	currency	currency	NOUN
ajbmeb-1464	29	25	of	of	ADP
ajbmeb-1464	29	26	central	central	ADJ
ajbmeb-1464	29	27	banks	bank	NOUN
ajbmeb-1464	29	28	and	and	CCONJ
ajbmeb-1464	29	29	what	what	PRON
ajbmeb-1464	29	30	are	be	AUX
ajbmeb-1464	29	31	the	the	DET
ajbmeb-1464	29	32	motives	motive	NOUN
ajbmeb-1464	29	33	for	for	ADP
ajbmeb-1464	29	34	issuing	issue	VERB
ajbmeb-1464	29	35	it	it	PRON
ajbmeb-1464	29	36	.	.	PUNCT
ajbmeb-1464	30	1	also	also	ADV
ajbmeb-1464	30	2	discusses	discuss	VERB
ajbmeb-1464	30	3	its	its	PRON
ajbmeb-1464	30	4	potential	potential	ADJ
ajbmeb-1464	30	5	effects	effect	NOUN
ajbmeb-1464	30	6	on	on	ADP
ajbmeb-1464	30	7	the	the	DET
ajbmeb-1464	30	8	economy	economy	NOUN
ajbmeb-1464	30	9	and	and	CCONJ
ajbmeb-1464	30	10	what	what	PRON
ajbmeb-1464	30	11	are	be	AUX
ajbmeb-1464	30	12	the	the	DET
ajbmeb-1464	30	13	future	future	ADJ
ajbmeb-1464	30	14	prospects	prospect	NOUN
ajbmeb-1464	30	15	for	for	ADP
ajbmeb-1464	30	16	this	this	DET
ajbmeb-1464	30	17	currency	currency	NOUN
ajbmeb-1464	30	18	.	.	PUNCT
ajbmeb-1464	31	1	american	american	PROPN
ajbmeb-1464	31	2	journal	journal	PROPN
ajbmeb-1464	31	3	of	of	ADP
ajbmeb-1464	31	4	business	business	NOUN
ajbmeb-1464	31	5	management	management	NOUN
ajbmeb-1464	31	6	,	,	PUNCT
ajbmeb-1464	31	7	economics	economic	NOUN
ajbmeb-1464	31	8	and	and	CCONJ
ajbmeb-1464	31	9	banking	banking	NOUN
ajbmeb-1464	31	10	volume	volume	NOUN
ajbmeb-1464	31	11	18	18	NUM
ajbmeb-1464	31	12	nov	nov	PROPN
ajbmeb-1464	31	13	.	.	PROPN
ajbmeb-1464	31	14	,	,	PUNCT
ajbmeb-1464	31	15	2023	2023	NUM
ajbmeb-1464	31	16	p	p	NOUN
ajbmeb-1464	31	17	a	a	DET
ajbmeb-1464	31	18	g	g	NOUN
ajbmeb-1464	31	19	e	e	NOUN
ajbmeb-1464	31	20	|	|	ADV
ajbmeb-1464	31	21	102	102	NUM
ajbmeb-1464	31	22	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-1464	31	23	the	the	DET
ajbmeb-1464	31	24	study	study	NOUN
ajbmeb-1464	31	25	problem	problem	NOUN
ajbmeb-1464	31	26	:	:	PUNCT
ajbmeb-1464	31	27	the	the	DET
ajbmeb-1464	31	28	increase	increase	NOUN
ajbmeb-1464	31	29	in	in	ADP
ajbmeb-1464	31	30	the	the	DET
ajbmeb-1464	31	31	use	use	NOUN
ajbmeb-1464	31	32	of	of	ADP
ajbmeb-1464	31	33	digital	digital	ADJ
ajbmeb-1464	31	34	currencies	currency	NOUN
ajbmeb-1464	31	35	for	for	ADP
ajbmeb-1464	31	36	central	central	ADJ
ajbmeb-1464	31	37	banks	bank	NOUN
ajbmeb-1464	31	38	could	could	AUX
ajbmeb-1464	31	39	lead	lead	VERB
ajbmeb-1464	31	40	to	to	ADP
ajbmeb-1464	31	41	a	a	DET
ajbmeb-1464	31	42	decrease	decrease	NOUN
ajbmeb-1464	31	43	in	in	ADP
ajbmeb-1464	31	44	demand	demand	NOUN
ajbmeb-1464	31	45	for	for	ADP
ajbmeb-1464	31	46	traditional	traditional	ADJ
ajbmeb-1464	31	47	currencies	currency	NOUN
ajbmeb-1464	31	48	,	,	PUNCT
ajbmeb-1464	31	49	and	and	CCONJ
ajbmeb-1464	31	50	thus	thus	ADV
ajbmeb-1464	31	51	this	this	PRON
ajbmeb-1464	31	52	will	will	AUX
ajbmeb-1464	31	53	affect	affect	VERB
ajbmeb-1464	31	54	the	the	DET
ajbmeb-1464	31	55	characteristics	characteristic	NOUN
ajbmeb-1464	31	56	of	of	ADP
ajbmeb-1464	31	57	central	central	ADJ
ajbmeb-1464	31	58	banks	bank	NOUN
ajbmeb-1464	31	59	and	and	CCONJ
ajbmeb-1464	31	60	a	a	DET
ajbmeb-1464	31	61	decrease	decrease	NOUN
ajbmeb-1464	31	62	in	in	ADP
ajbmeb-1464	31	63	the	the	DET
ajbmeb-1464	31	64	size	size	NOUN
ajbmeb-1464	31	65	of	of	ADP
ajbmeb-1464	31	66	the	the	DET
ajbmeb-1464	31	67	balance	balance	NOUN
ajbmeb-1464	31	68	sheet	sheet	NOUN
ajbmeb-1464	31	69	of	of	ADP
ajbmeb-1464	31	70	these	these	DET
ajbmeb-1464	31	71	banks	bank	NOUN
ajbmeb-1464	31	72	,	,	PUNCT
ajbmeb-1464	31	73	which	which	PRON
ajbmeb-1464	31	74	reduces	reduce	VERB
ajbmeb-1464	31	75	their	their	PRON
ajbmeb-1464	31	76	ability	ability	NOUN
ajbmeb-1464	31	77	to	to	PART
ajbmeb-1464	31	78	influence	influence	VERB
ajbmeb-1464	31	79	interest	interest	NOUN
ajbmeb-1464	31	80	rate	rate	NOUN
ajbmeb-1464	31	81	rates	rate	NOUN
ajbmeb-1464	31	82	and	and	CCONJ
ajbmeb-1464	31	83	reduces	reduce	VERB
ajbmeb-1464	31	84	the	the	DET
ajbmeb-1464	31	85	regulatory	regulatory	ADJ
ajbmeb-1464	31	86	capabilities	capability	NOUN
ajbmeb-1464	31	87	of	of	ADP
ajbmeb-1464	31	88	these	these	DET
ajbmeb-1464	31	89	banks	bank	NOUN
ajbmeb-1464	31	90	.	.	PUNCT
ajbmeb-1464	32	1	study	study	NOUN
ajbmeb-1464	32	2	hypothesis	hypothesis	NOUN
ajbmeb-1464	32	3	:	:	PUNCT
ajbmeb-1464	32	4	the	the	DET
ajbmeb-1464	32	5	study	study	NOUN
ajbmeb-1464	32	6	assumes	assume	VERB
ajbmeb-1464	32	7	that	that	SCONJ
ajbmeb-1464	32	8	the	the	DET
ajbmeb-1464	32	9	adoption	adoption	NOUN
ajbmeb-1464	32	10	of	of	ADP
ajbmeb-1464	32	11	digital	digital	ADJ
ajbmeb-1464	32	12	currencies	currency	NOUN
ajbmeb-1464	32	13	by	by	ADP
ajbmeb-1464	32	14	central	central	ADJ
ajbmeb-1464	32	15	banks	bank	NOUN
ajbmeb-1464	32	16	can	can	AUX
ajbmeb-1464	32	17	have	have	VERB
ajbmeb-1464	32	18	positive	positive	ADJ
ajbmeb-1464	32	19	effects	effect	NOUN
ajbmeb-1464	32	20	on	on	ADP
ajbmeb-1464	32	21	the	the	DET
ajbmeb-1464	32	22	effectiveness	effectiveness	NOUN
ajbmeb-1464	32	23	of	of	ADP
ajbmeb-1464	32	24	monetary	monetary	ADJ
ajbmeb-1464	32	25	policy	policy	NOUN
ajbmeb-1464	32	26	.	.	PUNCT
ajbmeb-1464	33	1	purpose	purpose	NOUN
ajbmeb-1464	33	2	of	of	ADP
ajbmeb-1464	33	3	the	the	DET
ajbmeb-1464	33	4	study	study	NOUN
ajbmeb-1464	33	5	:	:	PUNCT
ajbmeb-1464	33	6	the	the	DET
ajbmeb-1464	33	7	study	study	NOUN
ajbmeb-1464	33	8	aims	aim	VERB
ajbmeb-1464	33	9	to	to	PART
ajbmeb-1464	33	10	identify	identify	VERB
ajbmeb-1464	33	11	:	:	PUNCT
ajbmeb-1464	33	12	does	do	AUX
ajbmeb-1464	33	13	the	the	DET
ajbmeb-1464	33	14	expansion	expansion	NOUN
ajbmeb-1464	33	15	of	of	ADP
ajbmeb-1464	33	16	the	the	DET
ajbmeb-1464	33	17	issuance	issuance	NOUN
ajbmeb-1464	33	18	of	of	ADP
ajbmeb-1464	33	19	digital	digital	ADJ
ajbmeb-1464	33	20	currencies	currency	NOUN
ajbmeb-1464	33	21	by	by	ADP
ajbmeb-1464	33	22	central	central	ADJ
ajbmeb-1464	33	23	banks	bank	NOUN
ajbmeb-1464	33	24	have	have	VERB
ajbmeb-1464	33	25	a	a	DET
ajbmeb-1464	33	26	positive	positive	ADJ
ajbmeb-1464	33	27	impact	impact	NOUN
ajbmeb-1464	33	28	on	on	ADP
ajbmeb-1464	33	29	the	the	DET
ajbmeb-1464	33	30	effectiveness	effectiveness	NOUN
ajbmeb-1464	33	31	of	of	ADP
ajbmeb-1464	33	32	monetary	monetary	ADJ
ajbmeb-1464	33	33	policy	policy	NOUN
ajbmeb-1464	33	34	?	?	PUNCT
ajbmeb-1464	34	1	does	do	AUX
ajbmeb-1464	34	2	the	the	DET
ajbmeb-1464	34	3	expansion	expansion	NOUN
ajbmeb-1464	34	4	of	of	ADP
ajbmeb-1464	34	5	the	the	DET
ajbmeb-1464	34	6	issuance	issuance	NOUN
ajbmeb-1464	34	7	of	of	ADP
ajbmeb-1464	34	8	digital	digital	ADJ
ajbmeb-1464	34	9	currencies	currency	NOUN
ajbmeb-1464	34	10	by	by	ADP
ajbmeb-1464	34	11	central	central	ADJ
ajbmeb-1464	34	12	banks	bank	NOUN
ajbmeb-1464	34	13	increase	increase	VERB
ajbmeb-1464	34	14	inflation	inflation	NOUN
ajbmeb-1464	34	15	rates	rate	NOUN
ajbmeb-1464	34	16	in	in	ADP
ajbmeb-1464	34	17	the	the	DET
ajbmeb-1464	34	18	economy	economy	NOUN
ajbmeb-1464	34	19	?	?	PUNCT
ajbmeb-1464	35	1	study	study	NOUN
ajbmeb-1464	35	2	methodologies	methodology	NOUN
ajbmeb-1464	35	3	:	:	PUNCT
ajbmeb-1464	35	4	this	this	DET
ajbmeb-1464	35	5	study	study	NOUN
ajbmeb-1464	35	6	relied	rely	VERB
ajbmeb-1464	35	7	on	on	ADP
ajbmeb-1464	35	8	the	the	DET
ajbmeb-1464	35	9	inductive	inductive	ADJ
ajbmeb-1464	35	10	approach	approach	NOUN
ajbmeb-1464	35	11	in	in	ADP
ajbmeb-1464	35	12	examining	examine	VERB
ajbmeb-1464	35	13	the	the	DET
ajbmeb-1464	35	14	experiences	experience	NOUN
ajbmeb-1464	35	15	of	of	ADP
ajbmeb-1464	35	16	some	some	DET
ajbmeb-1464	35	17	central	central	ADJ
ajbmeb-1464	35	18	banks	bank	NOUN
ajbmeb-1464	35	19	in	in	ADP
ajbmeb-1464	35	20	issuing	issue	VERB
ajbmeb-1464	35	21	digital	digital	ADJ
ajbmeb-1464	35	22	currencies	currency	NOUN
ajbmeb-1464	35	23	2	2	NUM
ajbmeb-1464	35	24	literature	literature	NOUN
ajbmeb-1464	35	25	review	review	VERB
ajbmeb-1464	35	26	2.1	2.1	NUM
ajbmeb-1464	35	27	the	the	DET
ajbmeb-1464	35	28	importance	importance	NOUN
ajbmeb-1464	35	29	of	of	ADP
ajbmeb-1464	35	30	cbdc	cbdc	NOUN
ajbmeb-1464	35	31	issuance	issuance	NOUN
ajbmeb-1464	35	32	although	although	SCONJ
ajbmeb-1464	35	33	cbdc	cbdc	NOUN
ajbmeb-1464	35	34	has	have	VERB
ajbmeb-1464	35	35	a	a	DET
ajbmeb-1464	35	36	range	range	NOUN
ajbmeb-1464	35	37	of	of	ADP
ajbmeb-1464	35	38	potential	potential	ADJ
ajbmeb-1464	35	39	advantages	advantage	NOUN
ajbmeb-1464	35	40	in	in	ADP
ajbmeb-1464	35	41	theory	theory	NOUN
ajbmeb-1464	35	42	,	,	PUNCT
ajbmeb-1464	35	43	central	central	ADJ
ajbmeb-1464	35	44	banks	bank	NOUN
ajbmeb-1464	35	45	must	must	AUX
ajbmeb-1464	35	46	determine	determine	VERB
ajbmeb-1464	35	47	whether	whether	SCONJ
ajbmeb-1464	35	48	there	there	PRON
ajbmeb-1464	35	49	are	be	VERB
ajbmeb-1464	35	50	urgent	urgent	ADJ
ajbmeb-1464	35	51	reasons	reason	NOUN
ajbmeb-1464	35	52	for	for	ADP
ajbmeb-1464	35	53	issuing	issue	VERB
ajbmeb-1464	35	54	and	and	CCONJ
ajbmeb-1464	35	55	adopting	adopt	VERB
ajbmeb-1464	35	56	it	it	PRON
ajbmeb-1464	35	57	at	at	ADP
ajbmeb-1464	35	58	the	the	DET
ajbmeb-1464	35	59	present	present	ADJ
ajbmeb-1464	35	60	time	time	NOUN
ajbmeb-1464	35	61	and	and	CCONJ
ajbmeb-1464	35	62	what	what	PRON
ajbmeb-1464	35	63	are	be	AUX
ajbmeb-1464	35	64	the	the	DET
ajbmeb-1464	35	65	future	future	ADJ
ajbmeb-1464	35	66	prospects	prospect	NOUN
ajbmeb-1464	35	67	for	for	ADP
ajbmeb-1464	35	68	demand	demand	NOUN
ajbmeb-1464	35	69	for	for	ADP
ajbmeb-1464	35	70	it	it	PRON
ajbmeb-1464	35	71	,	,	PUNCT
ajbmeb-1464	35	72	as	as	SCONJ
ajbmeb-1464	35	73	some	some	DET
ajbmeb-1464	35	74	central	central	ADJ
ajbmeb-1464	35	75	banks	bank	NOUN
ajbmeb-1464	35	76	still	still	ADV
ajbmeb-1464	35	77	have	have	VERB
ajbmeb-1464	35	78	reservations	reservation	NOUN
ajbmeb-1464	35	79	about	about	ADP
ajbmeb-1464	35	80	issuing	issue	VERB
ajbmeb-1464	35	81	it	it	PRON
ajbmeb-1464	35	82	,	,	PUNCT
ajbmeb-1464	35	83	at	at	ADP
ajbmeb-1464	35	84	least	least	ADJ
ajbmeb-1464	35	85	in	in	ADP
ajbmeb-1464	35	86	nowadays	nowadays	ADV
ajbmeb-1464	35	87	.	.	PUNCT
ajbmeb-1464	36	1	although	although	SCONJ
ajbmeb-1464	36	2	there	there	PRON
ajbmeb-1464	36	3	are	be	VERB
ajbmeb-1464	36	4	approximately	approximately	ADV
ajbmeb-1464	36	5	100	100	NUM
ajbmeb-1464	36	6	central	central	ADJ
ajbmeb-1464	36	7	digital	digital	ADJ
ajbmeb-1464	36	8	currencies	currency	NOUN
ajbmeb-1464	36	9	that	that	PRON
ajbmeb-1464	36	10	are	be	AUX
ajbmeb-1464	36	11	undergoing	undergo	VERB
ajbmeb-1464	36	12	research	research	NOUN
ajbmeb-1464	36	13	and	and	CCONJ
ajbmeb-1464	36	14	development	development	NOUN
ajbmeb-1464	36	15	until	until	ADP
ajbmeb-1464	36	16	2022	2022	NUM
ajbmeb-1464	36	17	,	,	PUNCT
ajbmeb-1464	36	18	and	and	CCONJ
ajbmeb-1464	36	19	two	two	NUM
ajbmeb-1464	36	20	have	have	AUX
ajbmeb-1464	36	21	been	be	AUX
ajbmeb-1464	36	22	finalized	finalize	VERB
ajbmeb-1464	36	23	,	,	PUNCT
ajbmeb-1464	36	24	as	as	ADP
ajbmeb-1464	36	25	in	in	ADP
ajbmeb-1464	36	26	the	the	DET
ajbmeb-1464	36	27	cases	case	NOUN
ajbmeb-1464	36	28	of	of	ADP
ajbmeb-1464	36	29	the	the	DET
ajbmeb-1464	36	30	central	central	ADJ
ajbmeb-1464	36	31	bank	bank	PROPN
ajbmeb-1464	36	32	of	of	ADP
ajbmeb-1464	36	33	nigeria	nigeria	PROPN
ajbmeb-1464	36	34	and	and	CCONJ
ajbmeb-1464	36	35	the	the	DET
ajbmeb-1464	36	36	bank	bank	NOUN
ajbmeb-1464	36	37	of	of	ADP
ajbmeb-1464	36	38	the	the	DET
ajbmeb-1464	36	39	bahamas	bahamas	PROPN
ajbmeb-1464	36	40	,	,	PUNCT
ajbmeb-1464	36	41	the	the	DET
ajbmeb-1464	36	42	motives	motive	NOUN
ajbmeb-1464	36	43	for	for	ADP
ajbmeb-1464	36	44	issuing	issue	VERB
ajbmeb-1464	36	45	these	these	DET
ajbmeb-1464	36	46	currencies	currency	NOUN
ajbmeb-1464	36	47	differ	differ	VERB
ajbmeb-1464	36	48	according	accord	VERB
ajbmeb-1464	36	49	to	to	ADP
ajbmeb-1464	36	50	the	the	DET
ajbmeb-1464	36	51	different	different	ADJ
ajbmeb-1464	36	52	central	central	ADJ
ajbmeb-1464	36	53	banks	bank	NOUN
ajbmeb-1464	36	54	.	.	PUNCT
ajbmeb-1464	37	1	where	where	SCONJ
ajbmeb-1464	37	2	senior	senior	ADJ
ajbmeb-1464	37	3	economists	economist	NOUN
ajbmeb-1464	37	4	believe	believe	VERB
ajbmeb-1464	37	5	that	that	SCONJ
ajbmeb-1464	37	6	the	the	DET
ajbmeb-1464	37	7	adoption	adoption	NOUN
ajbmeb-1464	37	8	of	of	ADP
ajbmeb-1464	37	9	digital	digital	ADJ
ajbmeb-1464	37	10	currencies	currency	NOUN
ajbmeb-1464	37	11	issued	issue	VERB
ajbmeb-1464	37	12	by	by	ADP
ajbmeb-1464	37	13	central	central	ADJ
ajbmeb-1464	37	14	banks	bank	NOUN
ajbmeb-1464	37	15	can	can	AUX
ajbmeb-1464	37	16	make	make	VERB
ajbmeb-1464	37	17	the	the	DET
ajbmeb-1464	37	18	local	local	ADJ
ajbmeb-1464	37	19	payment	payment	NOUN
ajbmeb-1464	37	20	systems	system	NOUN
ajbmeb-1464	37	21	more	more	ADV
ajbmeb-1464	37	22	robust	robust	ADJ
ajbmeb-1464	37	23	and	and	CCONJ
ajbmeb-1464	37	24	enhance	enhance	VERB
ajbmeb-1464	37	25	competition	competition	NOUN
ajbmeb-1464	37	26	,	,	PUNCT
ajbmeb-1464	37	27	and	and	CCONJ
ajbmeb-1464	37	28	this	this	PRON
ajbmeb-1464	37	29	may	may	AUX
ajbmeb-1464	37	30	be	be	AUX
ajbmeb-1464	37	31	a	a	DET
ajbmeb-1464	37	32	convincing	convincing	ADJ
ajbmeb-1464	37	33	reason	reason	NOUN
ajbmeb-1464	37	34	to	to	PART
ajbmeb-1464	37	35	increase	increase	VERB
ajbmeb-1464	37	36	the	the	DET
ajbmeb-1464	37	37	chances	chance	NOUN
ajbmeb-1464	37	38	of	of	ADP
ajbmeb-1464	37	39	obtaining	obtain	VERB
ajbmeb-1464	37	40	loans	loan	NOUN
ajbmeb-1464	37	41	,	,	PUNCT
ajbmeb-1464	37	42	improve	improve	VERB
ajbmeb-1464	37	43	the	the	DET
ajbmeb-1464	37	44	efficiency	efficiency	NOUN
ajbmeb-1464	37	45	of	of	ADP
ajbmeb-1464	37	46	payments	payment	NOUN
ajbmeb-1464	37	47	,	,	PUNCT
ajbmeb-1464	37	48	reduce	reduce	VERB
ajbmeb-1464	37	49	transaction	transaction	NOUN
ajbmeb-1464	37	50	costs	cost	NOUN
ajbmeb-1464	37	51	,	,	PUNCT
ajbmeb-1464	37	52	and	and	CCONJ
ajbmeb-1464	37	53	increase	increase	VERB
ajbmeb-1464	37	54	the	the	DET
ajbmeb-1464	37	55	level	level	NOUN
ajbmeb-1464	37	56	of	of	ADP
ajbmeb-1464	37	57	transparency	transparency	NOUN
ajbmeb-1464	37	58	in	in	ADP
ajbmeb-1464	37	59	money	money	NOUN
ajbmeb-1464	37	60	flows	flow	VERB
ajbmeb-1464	37	61	.	.	PUNCT
ajbmeb-1464	37	62	.	.	PUNCT
ajbmeb-1464	38	1	when	when	SCONJ
ajbmeb-1464	38	2	talking	talk	VERB
ajbmeb-1464	38	3	about	about	ADP
ajbmeb-1464	38	4	the	the	DET
ajbmeb-1464	38	5	motives	motive	NOUN
ajbmeb-1464	38	6	for	for	ADP
ajbmeb-1464	38	7	issuing	issue	VERB
ajbmeb-1464	38	8	these	these	DET
ajbmeb-1464	38	9	digital	digital	ADJ
ajbmeb-1464	38	10	currencies	currency	NOUN
ajbmeb-1464	38	11	,	,	PUNCT
ajbmeb-1464	38	12	there	there	PRON
ajbmeb-1464	38	13	are	be	VERB
ajbmeb-1464	38	14	potential	potential	ADJ
ajbmeb-1464	38	15	risks	risk	NOUN
ajbmeb-1464	38	16	that	that	PRON
ajbmeb-1464	38	17	central	central	ADJ
ajbmeb-1464	38	18	banks	bank	NOUN
ajbmeb-1464	38	19	must	must	AUX
ajbmeb-1464	38	20	take	take	VERB
ajbmeb-1464	38	21	into	into	ADP
ajbmeb-1464	38	22	consideration	consideration	NOUN
ajbmeb-1464	38	23	.	.	PUNCT
ajbmeb-1464	39	1	for	for	ADP
ajbmeb-1464	39	2	example	example	NOUN
ajbmeb-1464	39	3	,	,	PUNCT
ajbmeb-1464	39	4	users	user	NOUN
ajbmeb-1464	39	5	may	may	AUX
ajbmeb-1464	39	6	over	over	ADV
ajbmeb-1464	39	7	-	-	PUNCT
ajbmeb-1464	39	8	withdraw	withdraw	VERB
ajbmeb-1464	39	9	funds	fund	NOUN
ajbmeb-1464	39	10	at	at	ADP
ajbmeb-1464	39	11	once	once	ADV
ajbmeb-1464	39	12	from	from	ADP
ajbmeb-1464	39	13	the	the	DET
ajbmeb-1464	39	14	bank	bank	NOUN
ajbmeb-1464	39	15	in	in	ADP
ajbmeb-1464	39	16	order	order	NOUN
ajbmeb-1464	39	17	to	to	PART
ajbmeb-1464	39	18	purchase	purchase	VERB
ajbmeb-1464	39	19	central	central	ADJ
ajbmeb-1464	39	20	bank	bank	NOUN
ajbmeb-1464	39	21	currencies	currency	NOUN
ajbmeb-1464	39	22	,	,	PUNCT
ajbmeb-1464	39	23	which	which	PRON
ajbmeb-1464	39	24	may	may	AUX
ajbmeb-1464	39	25	cause	cause	VERB
ajbmeb-1464	39	26	a	a	DET
ajbmeb-1464	39	27	crisis	crisis	NOUN
ajbmeb-1464	39	28	,	,	PUNCT
ajbmeb-1464	39	29	not	not	PART
ajbmeb-1464	39	30	to	to	PART
ajbmeb-1464	39	31	mention	mention	VERB
ajbmeb-1464	39	32	the	the	DET
ajbmeb-1464	39	33	extent	extent	NOUN
ajbmeb-1464	39	34	to	to	PART
ajbmeb-1464	39	35	which	which	PRON
ajbmeb-1464	39	36	central	central	ADJ
ajbmeb-1464	39	37	banks	bank	NOUN
ajbmeb-1464	39	38	are	be	AUX
ajbmeb-1464	39	39	able	able	ADJ
ajbmeb-1464	39	40	to	to	PART
ajbmeb-1464	39	41	manage	manage	VERB
ajbmeb-1464	39	42	risks	risk	NOUN
ajbmeb-1464	39	43	.	.	PUNCT
ajbmeb-1464	40	1	imposed	impose	VERB
ajbmeb-1464	40	2	by	by	ADP
ajbmeb-1464	40	3	cyber	cyber	NOUN
ajbmeb-1464	40	4	attacks	attack	NOUN
ajbmeb-1464	40	5	[	[	X
ajbmeb-1464	40	6	5	5	NUM
ajbmeb-1464	40	7	]	]	PUNCT
ajbmeb-1464	40	8	.	.	PUNCT
ajbmeb-1464	41	1	with	with	ADP
ajbmeb-1464	41	2	regard	regard	NOUN
ajbmeb-1464	41	3	to	to	PART
ajbmeb-1464	41	4	cbdc	cbdc	VERB
ajbmeb-1464	41	5	issuance	issuance	NOUN
ajbmeb-1464	41	6	,	,	PUNCT
ajbmeb-1464	41	7	most	most	ADJ
ajbmeb-1464	41	8	central	central	ADJ
ajbmeb-1464	41	9	banks	bank	NOUN
ajbmeb-1464	41	10	have	have	VERB
ajbmeb-1464	41	11	strategies	strategy	NOUN
ajbmeb-1464	41	12	related	relate	VERB
ajbmeb-1464	41	13	to	to	ADP
ajbmeb-1464	41	14	the	the	DET
ajbmeb-1464	41	15	objectives	objective	NOUN
ajbmeb-1464	41	16	of	of	ADP
ajbmeb-1464	41	17	improving	improve	VERB
ajbmeb-1464	41	18	performance	performance	NOUN
ajbmeb-1464	41	19	in	in	ADP
ajbmeb-1464	41	20	key	key	ADJ
ajbmeb-1464	41	21	cases	case	NOUN
ajbmeb-1464	41	22	related	relate	VERB
ajbmeb-1464	41	23	to	to	ADP
ajbmeb-1464	41	24	payment	payment	NOUN
ajbmeb-1464	41	25	markets	market	NOUN
ajbmeb-1464	41	26	,	,	PUNCT
ajbmeb-1464	41	27	financial	financial	ADJ
ajbmeb-1464	41	28	stability	stability	NOUN
ajbmeb-1464	41	29	,	,	PUNCT
ajbmeb-1464	41	30	monetary	monetary	ADJ
ajbmeb-1464	41	31	policy	policy	NOUN
ajbmeb-1464	41	32	and	and	CCONJ
ajbmeb-1464	41	33	financial	financial	ADJ
ajbmeb-1464	41	34	inclusion	inclusion	NOUN
ajbmeb-1464	41	35	.	.	PUNCT
ajbmeb-1464	42	1	for	for	ADP
ajbmeb-1464	42	2	each	each	PRON
ajbmeb-1464	42	3	of	of	ADP
ajbmeb-1464	42	4	these	these	DET
ajbmeb-1464	42	5	four	four	NUM
ajbmeb-1464	42	6	main	main	ADJ
ajbmeb-1464	42	7	areas	area	NOUN
ajbmeb-1464	42	8	,	,	PUNCT
ajbmeb-1464	42	9	different	different	ADJ
ajbmeb-1464	42	10	planning	planning	NOUN
ajbmeb-1464	42	11	options	option	NOUN
ajbmeb-1464	42	12	are	be	AUX
ajbmeb-1464	42	13	considered	consider	VERB
ajbmeb-1464	42	14	in	in	ADP
ajbmeb-1464	42	15	order	order	NOUN
ajbmeb-1464	42	16	to	to	PART
ajbmeb-1464	42	17	formulate	formulate	VERB
ajbmeb-1464	42	18	specific	specific	ADJ
ajbmeb-1464	42	19	and	and	CCONJ
ajbmeb-1464	42	20	clear	clear	ADJ
ajbmeb-1464	42	21	policy	policy	NOUN
ajbmeb-1464	42	22	objectives	objective	NOUN
ajbmeb-1464	42	23	.	.	PUNCT
ajbmeb-1464	43	1	the	the	DET
ajbmeb-1464	43	2	hierarchy	hierarchy	NOUN
ajbmeb-1464	43	3	of	of	ADP
ajbmeb-1464	43	4	policy	policy	NOUN
ajbmeb-1464	43	5	objectives	objective	NOUN
ajbmeb-1464	43	6	for	for	ADP
ajbmeb-1464	43	7	each	each	DET
ajbmeb-1464	43	8	central	central	ADJ
ajbmeb-1464	43	9	bank	bank	NOUN
ajbmeb-1464	43	10	depends	depend	VERB
ajbmeb-1464	43	11	on	on	ADP
ajbmeb-1464	43	12	the	the	DET
ajbmeb-1464	43	13	relative	relative	ADJ
ajbmeb-1464	43	14	importance	importance	NOUN
ajbmeb-1464	43	15	of	of	ADP
ajbmeb-1464	43	16	the	the	DET
ajbmeb-1464	43	17	policy	policy	NOUN
ajbmeb-1464	43	18	objectives	objective	NOUN
ajbmeb-1464	43	19	on	on	ADP
ajbmeb-1464	43	20	each	each	DET
ajbmeb-1464	43	21	central	central	ADJ
ajbmeb-1464	43	22	bank	bank	NOUN
ajbmeb-1464	43	23	's	's	PART
ajbmeb-1464	43	24	particular	particular	ADJ
ajbmeb-1464	43	25	strategy	strategy	NOUN
ajbmeb-1464	43	26	as	as	ADV
ajbmeb-1464	43	27	well	well	ADV
ajbmeb-1464	43	28	as	as	ADP
ajbmeb-1464	43	29	on	on	ADP
ajbmeb-1464	43	30	local	local	ADJ
ajbmeb-1464	43	31	conditions	condition	NOUN
ajbmeb-1464	43	32	regarding	regard	VERB
ajbmeb-1464	43	33	the	the	DET
ajbmeb-1464	43	34	country	country	NOUN
ajbmeb-1464	43	35	's	's	PART
ajbmeb-1464	43	36	currency	currency	NOUN
ajbmeb-1464	43	37	.	.	PUNCT
ajbmeb-1464	44	1	the	the	DET
ajbmeb-1464	44	2	relative	relative	ADJ
ajbmeb-1464	44	3	american	american	ADJ
ajbmeb-1464	44	4	journal	journal	PROPN
ajbmeb-1464	44	5	of	of	ADP
ajbmeb-1464	44	6	business	business	NOUN
ajbmeb-1464	44	7	management	management	NOUN
ajbmeb-1464	44	8	,	,	PUNCT
ajbmeb-1464	44	9	economics	economic	NOUN
ajbmeb-1464	44	10	and	and	CCONJ
ajbmeb-1464	44	11	banking	banking	NOUN
ajbmeb-1464	44	12	volume	volume	NOUN
ajbmeb-1464	44	13	18	18	NUM
ajbmeb-1464	44	14	nov	nov	PROPN
ajbmeb-1464	44	15	.	.	PROPN
ajbmeb-1464	44	16	,	,	PUNCT
ajbmeb-1464	44	17	2023	2023	NUM
ajbmeb-1464	44	18	p	p	NOUN
ajbmeb-1464	44	19	a	a	DET
ajbmeb-1464	44	20	g	g	NOUN
ajbmeb-1464	44	21	e	e	NOUN
ajbmeb-1464	44	22	|	|	NOUN
ajbmeb-1464	44	23	103	103	NUM
ajbmeb-1464	44	24	www.americanjournal.org	www.americanjournal.org	NOUN
ajbmeb-1464	44	25	importance	importance	NOUN
ajbmeb-1464	44	26	of	of	ADP
ajbmeb-1464	44	27	these	these	DET
ajbmeb-1464	44	28	goals	goal	NOUN
ajbmeb-1464	44	29	varies	vary	VERB
ajbmeb-1464	44	30	with	with	ADP
ajbmeb-1464	44	31	the	the	DET
ajbmeb-1464	44	32	passage	passage	NOUN
ajbmeb-1464	44	33	of	of	ADP
ajbmeb-1464	44	34	time	time	NOUN
ajbmeb-1464	44	35	,	,	PUNCT
ajbmeb-1464	44	36	just	just	ADV
ajbmeb-1464	44	37	as	as	SCONJ
ajbmeb-1464	44	38	the	the	DET
ajbmeb-1464	44	39	motives	motive	NOUN
ajbmeb-1464	44	40	of	of	ADP
ajbmeb-1464	44	41	central	central	ADJ
ajbmeb-1464	44	42	banks	bank	NOUN
ajbmeb-1464	44	43	for	for	ADP
ajbmeb-1464	44	44	these	these	DET
ajbmeb-1464	44	45	goals	goal	NOUN
ajbmeb-1464	44	46	in	in	ADP
ajbmeb-1464	44	47	developed	develop	VERB
ajbmeb-1464	44	48	economies	economy	NOUN
ajbmeb-1464	44	49	differ	differ	VERB
ajbmeb-1464	44	50	from	from	ADP
ajbmeb-1464	44	51	their	their	PRON
ajbmeb-1464	44	52	motives	motive	NOUN
ajbmeb-1464	44	53	in	in	ADP
ajbmeb-1464	44	54	emerging	emerge	VERB
ajbmeb-1464	44	55	markets	market	NOUN
ajbmeb-1464	44	56	and	and	CCONJ
ajbmeb-1464	44	57	developing	develop	VERB
ajbmeb-1464	44	58	economies	economy	NOUN
ajbmeb-1464	44	59	[	[	X
ajbmeb-1464	44	60	6	6	NUM
ajbmeb-1464	44	61	]	]	PUNCT
ajbmeb-1464	44	62	.	.	PUNCT
ajbmeb-1464	45	1	in	in	ADP
ajbmeb-1464	45	2	developed	develop	VERB
ajbmeb-1464	45	3	economies	economy	NOUN
ajbmeb-1464	45	4	,	,	PUNCT
ajbmeb-1464	45	5	the	the	DET
ajbmeb-1464	45	6	acceleration	acceleration	NOUN
ajbmeb-1464	45	7	of	of	ADP
ajbmeb-1464	45	8	payment	payment	NOUN
ajbmeb-1464	45	9	processing	processing	NOUN
ajbmeb-1464	45	10	was	be	AUX
ajbmeb-1464	45	11	found	find	VERB
ajbmeb-1464	45	12	to	to	PART
ajbmeb-1464	45	13	be	be	AUX
ajbmeb-1464	45	14	the	the	DET
ajbmeb-1464	45	15	main	main	ADJ
ajbmeb-1464	45	16	driver	driver	NOUN
ajbmeb-1464	45	17	for	for	ADP
ajbmeb-1464	45	18	accelerating	accelerate	VERB
ajbmeb-1464	45	19	the	the	DET
ajbmeb-1464	45	20	introduction	introduction	NOUN
ajbmeb-1464	45	21	of	of	ADP
ajbmeb-1464	45	22	cbdc	cbdc	NOUN
ajbmeb-1464	45	23	.	.	PUNCT
ajbmeb-1464	46	1	according	accord	VERB
ajbmeb-1464	46	2	to	to	ADP
ajbmeb-1464	46	3	bank	bank	PROPN
ajbmeb-1464	46	4	of	of	ADP
ajbmeb-1464	46	5	canada	canada	PROPN
ajbmeb-1464	46	6	2020	2020	NUM
ajbmeb-1464	46	7	,	,	PUNCT
ajbmeb-1464	46	8	digital	digital	ADJ
ajbmeb-1464	46	9	banknotes	banknote	NOUN
ajbmeb-1464	46	10	allow	allow	VERB
ajbmeb-1464	46	11	families	family	NOUN
ajbmeb-1464	46	12	and	and	CCONJ
ajbmeb-1464	46	13	companies	company	NOUN
ajbmeb-1464	46	14	to	to	PART
ajbmeb-1464	46	15	access	access	VERB
ajbmeb-1464	46	16	risk	risk	NOUN
ajbmeb-1464	46	17	-	-	PUNCT
ajbmeb-1464	46	18	free	free	ADJ
ajbmeb-1464	46	19	funds	fund	NOUN
ajbmeb-1464	46	20	with	with	ADP
ajbmeb-1464	46	21	high	high	ADJ
ajbmeb-1464	46	22	operational	operational	ADJ
ajbmeb-1464	46	23	flexibility	flexibility	NOUN
ajbmeb-1464	46	24	.	.	PUNCT
ajbmeb-1464	47	1	many	many	ADJ
ajbmeb-1464	47	2	authors	author	NOUN
ajbmeb-1464	47	3	believe	believe	VERB
ajbmeb-1464	47	4	that	that	SCONJ
ajbmeb-1464	47	5	cbdc	cbdc	NOUN
ajbmeb-1464	47	6	improves	improve	VERB
ajbmeb-1464	47	7	the	the	DET
ajbmeb-1464	47	8	efficiency	efficiency	NOUN
ajbmeb-1464	47	9	of	of	ADP
ajbmeb-1464	47	10	domestic	domestic	ADJ
ajbmeb-1464	47	11	payments	payment	NOUN
ajbmeb-1464	47	12	by	by	ADP
ajbmeb-1464	47	13	enhancing	enhance	VERB
ajbmeb-1464	47	14	competition	competition	NOUN
ajbmeb-1464	47	15	and	and	CCONJ
ajbmeb-1464	47	16	increasing	increase	VERB
ajbmeb-1464	47	17	innovation	innovation	NOUN
ajbmeb-1464	47	18	in	in	ADP
ajbmeb-1464	47	19	the	the	DET
ajbmeb-1464	47	20	payment	payment	NOUN
ajbmeb-1464	47	21	markets	market	NOUN
ajbmeb-1464	47	22	[	[	X
ajbmeb-1464	47	23	7	7	NUM
ajbmeb-1464	47	24	]	]	PUNCT
ajbmeb-1464	47	25	.	.	PUNCT
ajbmeb-1464	48	1	while	while	SCONJ
ajbmeb-1464	48	2	the	the	DET
ajbmeb-1464	48	3	multiplicity	multiplicity	NOUN
ajbmeb-1464	48	4	of	of	ADP
ajbmeb-1464	48	5	payment	payment	NOUN
ajbmeb-1464	48	6	systems	system	NOUN
ajbmeb-1464	48	7	in	in	ADP
ajbmeb-1464	48	8	the	the	DET
ajbmeb-1464	48	9	case	case	NOUN
ajbmeb-1464	48	10	of	of	ADP
ajbmeb-1464	48	11	international	international	ADJ
ajbmeb-1464	48	12	payments	payment	NOUN
ajbmeb-1464	48	13	may	may	AUX
ajbmeb-1464	48	14	lead	lead	VERB
ajbmeb-1464	48	15	to	to	ADP
ajbmeb-1464	48	16	a	a	DET
ajbmeb-1464	48	17	kind	kind	NOUN
ajbmeb-1464	48	18	of	of	ADP
ajbmeb-1464	48	19	incompatibility	incompatibility	NOUN
ajbmeb-1464	48	20	,	,	PUNCT
ajbmeb-1464	48	21	slowness	slowness	NOUN
ajbmeb-1464	48	22	,	,	PUNCT
ajbmeb-1464	48	23	high	high	ADJ
ajbmeb-1464	48	24	cost	cost	NOUN
ajbmeb-1464	48	25	,	,	PUNCT
ajbmeb-1464	48	26	and	and	CCONJ
ajbmeb-1464	48	27	difficulty	difficulty	NOUN
ajbmeb-1464	48	28	in	in	ADP
ajbmeb-1464	48	29	accessing	access	VERB
ajbmeb-1464	48	30	them	they	PRON
ajbmeb-1464	48	31	,	,	PUNCT
ajbmeb-1464	48	32	with	with	ADP
ajbmeb-1464	48	33	other	other	ADJ
ajbmeb-1464	48	34	economic	economic	ADJ
ajbmeb-1464	48	35	consequences	consequence	NOUN
ajbmeb-1464	48	36	represented	represent	VERB
ajbmeb-1464	48	37	by	by	ADP
ajbmeb-1464	48	38	the	the	DET
ajbmeb-1464	48	39	decrease	decrease	NOUN
ajbmeb-1464	48	40	in	in	ADP
ajbmeb-1464	48	41	the	the	DET
ajbmeb-1464	48	42	use	use	NOUN
ajbmeb-1464	48	43	of	of	ADP
ajbmeb-1464	48	44	cash	cash	NOUN
ajbmeb-1464	48	45	and	and	CCONJ
ajbmeb-1464	48	46	the	the	DET
ajbmeb-1464	48	47	widespread	widespread	ADJ
ajbmeb-1464	48	48	reliance	reliance	NOUN
ajbmeb-1464	48	49	on	on	ADP
ajbmeb-1464	48	50	digital	digital	ADJ
ajbmeb-1464	48	51	currencies	currency	NOUN
ajbmeb-1464	48	52	.	.	PUNCT
ajbmeb-1464	49	1	2.2	2.2	NUM
ajbmeb-1464	49	2	motives	motive	NOUN
ajbmeb-1464	49	3	for	for	ADP
ajbmeb-1464	49	4	issuing	issue	VERB
ajbmeb-1464	49	5	cdbc	cdbc	PROPN
ajbmeb-1464	49	6	central	central	ADJ
ajbmeb-1464	49	7	banks	bank	NOUN
ajbmeb-1464	49	8	and	and	CCONJ
ajbmeb-1464	49	9	a	a	DET
ajbmeb-1464	49	10	lot	lot	NOUN
ajbmeb-1464	49	11	of	of	ADP
ajbmeb-1464	49	12	economic	economic	ADJ
ajbmeb-1464	49	13	literature	literature	NOUN
ajbmeb-1464	49	14	believe	believe	VERB
ajbmeb-1464	49	15	that	that	SCONJ
ajbmeb-1464	49	16	cbdc	cbdc	NOUN
ajbmeb-1464	49	17	can	can	AUX
ajbmeb-1464	49	18	have	have	VERB
ajbmeb-1464	49	19	a	a	DET
ajbmeb-1464	49	20	positive	positive	ADJ
ajbmeb-1464	49	21	impact	impact	NOUN
ajbmeb-1464	49	22	on	on	ADP
ajbmeb-1464	49	23	the	the	DET
ajbmeb-1464	49	24	stability	stability	NOUN
ajbmeb-1464	49	25	of	of	ADP
ajbmeb-1464	49	26	the	the	DET
ajbmeb-1464	49	27	financial	financial	ADJ
ajbmeb-1464	49	28	system	system	NOUN
ajbmeb-1464	49	29	and	and	CCONJ
ajbmeb-1464	49	30	reduce	reduce	VERB
ajbmeb-1464	49	31	the	the	DET
ajbmeb-1464	49	32	fragility	fragility	NOUN
ajbmeb-1464	49	33	of	of	ADP
ajbmeb-1464	49	34	the	the	DET
ajbmeb-1464	49	35	financial	financial	ADJ
ajbmeb-1464	49	36	system	system	NOUN
ajbmeb-1464	49	37	by	by	ADP
ajbmeb-1464	49	38	issuing	issue	VERB
ajbmeb-1464	49	39	an	an	DET
ajbmeb-1464	49	40	alert	alert	NOUN
ajbmeb-1464	49	41	when	when	SCONJ
ajbmeb-1464	49	42	there	there	PRON
ajbmeb-1464	49	43	are	be	VERB
ajbmeb-1464	49	44	risks	risk	NOUN
ajbmeb-1464	49	45	of	of	ADP
ajbmeb-1464	49	46	rushing	rush	VERB
ajbmeb-1464	49	47	operations	operation	NOUN
ajbmeb-1464	49	48	on	on	ADP
ajbmeb-1464	49	49	banks	bank	NOUN
ajbmeb-1464	49	50	,	,	PUNCT
ajbmeb-1464	49	51	thus	thus	ADV
ajbmeb-1464	49	52	protecting	protect	VERB
ajbmeb-1464	49	53	deposits	deposit	NOUN
ajbmeb-1464	49	54	and	and	CCONJ
ajbmeb-1464	49	55	reducing	reduce	VERB
ajbmeb-1464	49	56	liquidity	liquidity	NOUN
ajbmeb-1464	49	57	risks	risk	NOUN
ajbmeb-1464	49	58	[	[	X
ajbmeb-1464	49	59	8	8	NUM
ajbmeb-1464	49	60	]	]	PUNCT
ajbmeb-1464	49	61	.	.	PUNCT
ajbmeb-1464	50	1	also	also	ADV
ajbmeb-1464	50	2	,	,	PUNCT
ajbmeb-1464	50	3	cbdc	cbdc	NOUN
ajbmeb-1464	50	4	can	can	AUX
ajbmeb-1464	50	5	have	have	VERB
ajbmeb-1464	50	6	a	a	DET
ajbmeb-1464	50	7	potential	potential	ADJ
ajbmeb-1464	50	8	negative	negative	ADJ
ajbmeb-1464	50	9	impact	impact	NOUN
ajbmeb-1464	50	10	on	on	ADP
ajbmeb-1464	50	11	financial	financial	ADJ
ajbmeb-1464	50	12	stability	stability	NOUN
ajbmeb-1464	50	13	when	when	SCONJ
ajbmeb-1464	50	14	depositors	depositor	NOUN
ajbmeb-1464	50	15	see	see	VERB
ajbmeb-1464	50	16	that	that	DET
ajbmeb-1464	50	17	cbdc	cbdc	NOUN
ajbmeb-1464	50	18	is	be	AUX
ajbmeb-1464	50	19	more	more	ADV
ajbmeb-1464	50	20	attractive	attractive	ADJ
ajbmeb-1464	50	21	than	than	ADP
ajbmeb-1464	50	22	bank	bank	NOUN
ajbmeb-1464	50	23	deposits	deposit	NOUN
ajbmeb-1464	50	24	because	because	SCONJ
ajbmeb-1464	50	25	it	it	PRON
ajbmeb-1464	50	26	is	be	AUX
ajbmeb-1464	50	27	risk	risk	NOUN
ajbmeb-1464	50	28	-	-	PUNCT
ajbmeb-1464	50	29	free	free	ADJ
ajbmeb-1464	50	30	.	.	PUNCT
ajbmeb-1464	51	1	negative	negative	ADJ
ajbmeb-1464	51	2	consequences	consequence	NOUN
ajbmeb-1464	51	3	[	[	X
ajbmeb-1464	51	4	9	9	NUM
ajbmeb-1464	51	5	]	]	PUNCT
ajbmeb-1464	51	6	.	.	PUNCT
ajbmeb-1464	52	1	one	one	NUM
ajbmeb-1464	52	2	of	of	ADP
ajbmeb-1464	52	3	the	the	DET
ajbmeb-1464	52	4	reasons	reason	NOUN
ajbmeb-1464	52	5	why	why	SCONJ
ajbmeb-1464	52	6	central	central	ADJ
ajbmeb-1464	52	7	banks	bank	NOUN
ajbmeb-1464	52	8	issued	issue	VERB
ajbmeb-1464	52	9	cbdcs	cbdc	NOUN
ajbmeb-1464	52	10	is	be	AUX
ajbmeb-1464	52	11	the	the	DET
ajbmeb-1464	52	12	possibility	possibility	NOUN
ajbmeb-1464	52	13	of	of	ADP
ajbmeb-1464	52	14	obtaining	obtain	VERB
ajbmeb-1464	52	15	new	new	ADJ
ajbmeb-1464	52	16	tools	tool	NOUN
ajbmeb-1464	52	17	for	for	ADP
ajbmeb-1464	52	18	monetary	monetary	ADJ
ajbmeb-1464	52	19	policy	policy	NOUN
ajbmeb-1464	52	20	,	,	PUNCT
ajbmeb-1464	52	21	as	as	SCONJ
ajbmeb-1464	52	22	most	most	ADJ
ajbmeb-1464	52	23	economic	economic	ADJ
ajbmeb-1464	52	24	policy	policy	NOUN
ajbmeb-1464	52	25	makers	maker	NOUN
ajbmeb-1464	52	26	and	and	CCONJ
ajbmeb-1464	52	27	academics	academic	NOUN
ajbmeb-1464	52	28	believe	believe	VERB
ajbmeb-1464	52	29	that	that	SCONJ
ajbmeb-1464	52	30	it	it	PRON
ajbmeb-1464	52	31	is	be	AUX
ajbmeb-1464	52	32	possible	possible	ADJ
ajbmeb-1464	52	33	to	to	PART
ajbmeb-1464	52	34	add	add	VERB
ajbmeb-1464	52	35	a	a	DET
ajbmeb-1464	52	36	tool	tool	NOUN
ajbmeb-1464	52	37	to	to	ADP
ajbmeb-1464	52	38	monetary	monetary	ADJ
ajbmeb-1464	52	39	policy	policy	NOUN
ajbmeb-1464	52	40	through	through	ADP
ajbmeb-1464	52	41	the	the	DET
ajbmeb-1464	52	42	issuance	issuance	NOUN
ajbmeb-1464	52	43	of	of	ADP
ajbmeb-1464	52	44	cbdc	cbdc	NOUN
ajbmeb-1464	52	45	represented	represent	VERB
ajbmeb-1464	52	46	in	in	ADP
ajbmeb-1464	52	47	increasing	increase	VERB
ajbmeb-1464	52	48	revenues	revenue	NOUN
ajbmeb-1464	52	49	,	,	PUNCT
ajbmeb-1464	52	50	easing	ease	VERB
ajbmeb-1464	52	51	restrictions	restriction	NOUN
ajbmeb-1464	52	52	,	,	PUNCT
ajbmeb-1464	52	53	and	and	CCONJ
ajbmeb-1464	52	54	enhancing	enhance	VERB
ajbmeb-1464	52	55	the	the	DET
ajbmeb-1464	52	56	impact	impact	NOUN
ajbmeb-1464	52	57	of	of	ADP
ajbmeb-1464	52	58	monetary	monetary	ADJ
ajbmeb-1464	52	59	policy	policy	NOUN
ajbmeb-1464	52	60	transmission	transmission	NOUN
ajbmeb-1464	53	1	[	[	X
ajbmeb-1464	53	2	10	10	NUM
ajbmeb-1464	53	3	]	]	PUNCT
ajbmeb-1464	53	4	.	.	PUNCT
ajbmeb-1464	54	1	yet	yet	CCONJ
ajbmeb-1464	54	2	the	the	DET
ajbmeb-1464	54	3	controversy	controversy	NOUN
ajbmeb-1464	54	4	remains	remain	VERB
ajbmeb-1464	54	5	there	there	PRON
ajbmeb-1464	54	6	is	be	AUX
ajbmeb-1464	54	7	a	a	DET
ajbmeb-1464	54	8	discussion	discussion	NOUN
ajbmeb-1464	54	9	about	about	ADP
ajbmeb-1464	54	10	the	the	DET
ajbmeb-1464	54	11	extent	extent	NOUN
ajbmeb-1464	54	12	to	to	PART
ajbmeb-1464	54	13	which	which	PRON
ajbmeb-1464	54	14	cbdc	cbdc	NOUN
ajbmeb-1464	54	15	can	can	AUX
ajbmeb-1464	54	16	be	be	AUX
ajbmeb-1464	54	17	used	use	VERB
ajbmeb-1464	54	18	to	to	PART
ajbmeb-1464	54	19	strengthen	strengthen	VERB
ajbmeb-1464	54	20	monetary	monetary	ADJ
ajbmeb-1464	54	21	policy	policy	NOUN
ajbmeb-1464	54	22	.	.	PUNCT
ajbmeb-1464	55	1	some	some	DET
ajbmeb-1464	55	2	central	central	ADJ
ajbmeb-1464	55	3	banks	bank	NOUN
ajbmeb-1464	55	4	aim	aim	VERB
ajbmeb-1464	55	5	to	to	PART
ajbmeb-1464	55	6	use	use	VERB
ajbmeb-1464	55	7	cbdc	cbdc	NOUN
ajbmeb-1464	55	8	to	to	PART
ajbmeb-1464	55	9	ensure	ensure	VERB
ajbmeb-1464	55	10	access	access	NOUN
ajbmeb-1464	55	11	to	to	ADP
ajbmeb-1464	55	12	central	central	ADJ
ajbmeb-1464	55	13	bank	bank	NOUN
ajbmeb-1464	55	14	funds	fund	NOUN
ajbmeb-1464	55	15	.	.	PUNCT
ajbmeb-1464	56	1	in	in	ADP
ajbmeb-1464	56	2	developing	develop	VERB
ajbmeb-1464	56	3	economies	economy	NOUN
ajbmeb-1464	56	4	,	,	PUNCT
ajbmeb-1464	56	5	where	where	SCONJ
ajbmeb-1464	56	6	structural	structural	ADJ
ajbmeb-1464	56	7	imbalances	imbalance	NOUN
ajbmeb-1464	56	8	reduce	reduce	VERB
ajbmeb-1464	56	9	access	access	NOUN
ajbmeb-1464	56	10	to	to	ADP
ajbmeb-1464	56	11	formal	formal	ADJ
ajbmeb-1464	56	12	financial	financial	ADJ
ajbmeb-1464	56	13	services	service	NOUN
ajbmeb-1464	56	14	(	(	PUNCT
ajbmeb-1464	56	15	transactions	transaction	NOUN
ajbmeb-1464	56	16	,	,	PUNCT
ajbmeb-1464	56	17	payments	payment	NOUN
ajbmeb-1464	56	18	,	,	PUNCT
ajbmeb-1464	56	19	savings	saving	NOUN
ajbmeb-1464	56	20	,	,	PUNCT
ajbmeb-1464	56	21	and	and	CCONJ
ajbmeb-1464	56	22	credit	credit	NOUN
ajbmeb-1464	56	23	)	)	PUNCT
ajbmeb-1464	56	24	.	.	PUNCT
ajbmeb-1464	57	1	but	but	CCONJ
ajbmeb-1464	57	2	in	in	ADP
ajbmeb-1464	57	3	developed	develop	VERB
ajbmeb-1464	57	4	economies	economy	NOUN
ajbmeb-1464	57	5	,	,	PUNCT
ajbmeb-1464	57	6	where	where	SCONJ
ajbmeb-1464	57	7	access	access	NOUN
ajbmeb-1464	57	8	to	to	ADP
ajbmeb-1464	57	9	electronic	electronic	ADJ
ajbmeb-1464	57	10	media	medium	NOUN
ajbmeb-1464	57	11	is	be	AUX
ajbmeb-1464	57	12	more	more	ADV
ajbmeb-1464	57	13	widespread	widespread	ADJ
ajbmeb-1464	57	14	,	,	PUNCT
ajbmeb-1464	57	15	and	and	CCONJ
ajbmeb-1464	57	16	access	access	NOUN
ajbmeb-1464	57	17	to	to	ADP
ajbmeb-1464	57	18	an	an	DET
ajbmeb-1464	57	19	easy	easy	ADJ
ajbmeb-1464	57	20	,	,	PUNCT
ajbmeb-1464	57	21	reliable	reliable	ADJ
ajbmeb-1464	57	22	,	,	PUNCT
ajbmeb-1464	57	23	and	and	CCONJ
ajbmeb-1464	57	24	risk	risk	NOUN
ajbmeb-1464	57	25	-	-	PUNCT
ajbmeb-1464	57	26	free	free	ADJ
ajbmeb-1464	57	27	electronic	electronic	ADJ
ajbmeb-1464	57	28	payment	payment	NOUN
ajbmeb-1464	57	29	method	method	NOUN
ajbmeb-1464	57	30	[	[	X
ajbmeb-1464	57	31	11	11	NUM
ajbmeb-1464	57	32	]	]	PUNCT
ajbmeb-1464	57	33	.	.	PUNCT
ajbmeb-1464	58	1	especially	especially	ADV
ajbmeb-1464	58	2	if	if	SCONJ
ajbmeb-1464	58	3	its	its	PRON
ajbmeb-1464	58	4	advantages	advantage	NOUN
ajbmeb-1464	58	5	are	be	AUX
ajbmeb-1464	58	6	similar	similar	ADJ
ajbmeb-1464	58	7	to	to	ADP
ajbmeb-1464	58	8	or	or	CCONJ
ajbmeb-1464	58	9	greater	great	ADJ
ajbmeb-1464	58	10	than	than	ADP
ajbmeb-1464	58	11	those	those	PRON
ajbmeb-1464	58	12	of	of	ADP
ajbmeb-1464	58	13	official	official	ADJ
ajbmeb-1464	58	14	money	money	NOUN
ajbmeb-1464	58	15	,	,	PUNCT
ajbmeb-1464	58	16	which	which	PRON
ajbmeb-1464	58	17	makes	make	VERB
ajbmeb-1464	58	18	it	it	PRON
ajbmeb-1464	58	19	marginalized	marginalize	VERB
ajbmeb-1464	58	20	.	.	PUNCT
ajbmeb-1464	59	1	3	3	NUM
ajbmeb-1464	59	2	conclusions	conclusion	NOUN
ajbmeb-1464	59	3	there	there	PRON
ajbmeb-1464	59	4	is	be	VERB
ajbmeb-1464	59	5	an	an	DET
ajbmeb-1464	59	6	urgent	urgent	ADJ
ajbmeb-1464	59	7	need	need	NOUN
ajbmeb-1464	59	8	for	for	SCONJ
ajbmeb-1464	59	9	more	more	ADJ
ajbmeb-1464	59	10	research	research	NOUN
ajbmeb-1464	59	11	and	and	CCONJ
ajbmeb-1464	59	12	studies	study	NOUN
ajbmeb-1464	59	13	to	to	PART
ajbmeb-1464	59	14	understand	understand	VERB
ajbmeb-1464	59	15	the	the	DET
ajbmeb-1464	59	16	potential	potential	ADJ
ajbmeb-1464	59	17	obstacles	obstacle	NOUN
ajbmeb-1464	59	18	in	in	ADP
ajbmeb-1464	59	19	adopting	adopt	VERB
ajbmeb-1464	59	20	these	these	DET
ajbmeb-1464	59	21	currencies	currency	NOUN
ajbmeb-1464	59	22	and	and	CCONJ
ajbmeb-1464	59	23	thus	thus	ADV
ajbmeb-1464	59	24	overcoming	overcome	VERB
ajbmeb-1464	59	25	them	they	PRON
ajbmeb-1464	59	26	.	.	PUNCT
ajbmeb-1464	60	1	it	it	PRON
ajbmeb-1464	60	2	is	be	AUX
ajbmeb-1464	60	3	not	not	PART
ajbmeb-1464	60	4	necessary	necessary	ADJ
ajbmeb-1464	60	5	that	that	SCONJ
ajbmeb-1464	60	6	there	there	PRON
ajbmeb-1464	60	7	will	will	AUX
ajbmeb-1464	60	8	be	be	AUX
ajbmeb-1464	60	9	widespread	widespread	ADJ
ajbmeb-1464	60	10	adoption	adoption	NOUN
ajbmeb-1464	60	11	of	of	ADP
ajbmeb-1464	60	12	payment	payment	NOUN
ajbmeb-1464	60	13	systems	system	NOUN
ajbmeb-1464	60	14	that	that	PRON
ajbmeb-1464	60	15	adopt	adopt	VERB
ajbmeb-1464	60	16	advanced	advanced	ADJ
ajbmeb-1464	60	17	technology	technology	NOUN
ajbmeb-1464	60	18	.	.	PUNCT
ajbmeb-1464	61	1	that	that	SCONJ
ajbmeb-1464	61	2	the	the	DET
ajbmeb-1464	61	3	comparative	comparative	ADJ
ajbmeb-1464	61	4	advantage	advantage	NOUN
ajbmeb-1464	61	5	achieved	achieve	VERB
ajbmeb-1464	61	6	by	by	ADP
ajbmeb-1464	61	7	the	the	DET
ajbmeb-1464	61	8	(	(	PUNCT
ajbmeb-1464	61	9	cbdc	cbdc	NOUN
ajbmeb-1464	61	10	)	)	PUNCT
ajbmeb-1464	61	11	currency	currency	NOUN
ajbmeb-1464	61	12	is	be	AUX
ajbmeb-1464	61	13	not	not	PART
ajbmeb-1464	61	14	necessarily	necessarily	ADV
ajbmeb-1464	61	15	adopted	adopt	VERB
ajbmeb-1464	61	16	by	by	ADP
ajbmeb-1464	61	17	consumers	consumer	NOUN
ajbmeb-1464	61	18	,	,	PUNCT
ajbmeb-1464	61	19	as	as	SCONJ
ajbmeb-1464	61	20	here	here	ADV
ajbmeb-1464	61	21	enters	enter	VERB
ajbmeb-1464	61	22	the	the	DET
ajbmeb-1464	61	23	differentiation	differentiation	NOUN
ajbmeb-1464	61	24	factor	factor	NOUN
ajbmeb-1464	61	25	.	.	PUNCT
ajbmeb-1464	62	1	it	it	PRON
ajbmeb-1464	62	2	may	may	AUX
ajbmeb-1464	62	3	also	also	ADV
ajbmeb-1464	62	4	not	not	PART
ajbmeb-1464	62	5	take	take	VERB
ajbmeb-1464	62	6	into	into	ADP
ajbmeb-1464	62	7	account	account	NOUN
ajbmeb-1464	62	8	possible	possible	ADJ
ajbmeb-1464	62	9	subsequent	subsequent	ADJ
ajbmeb-1464	62	10	infrastructure	infrastructure	NOUN
ajbmeb-1464	62	11	costs	cost	NOUN
ajbmeb-1464	62	12	when	when	SCONJ
ajbmeb-1464	62	13	calculating	calculate	VERB
ajbmeb-1464	62	14	the	the	DET
ajbmeb-1464	62	15	current	current	ADJ
ajbmeb-1464	62	16	zero	zero	NUM
ajbmeb-1464	62	17	cost	cost	NOUN
ajbmeb-1464	62	18	.	.	PUNCT
ajbmeb-1464	63	1	participation	participation	NOUN
ajbmeb-1464	63	2	with	with	ADP
ajbmeb-1464	63	3	the	the	DET
ajbmeb-1464	63	4	private	private	ADJ
ajbmeb-1464	63	5	sector	sector	NOUN
ajbmeb-1464	63	6	may	may	AUX
ajbmeb-1464	63	7	be	be	AUX
ajbmeb-1464	63	8	a	a	DET
ajbmeb-1464	63	9	reason	reason	NOUN
ajbmeb-1464	63	10	to	to	PART
ajbmeb-1464	63	11	increase	increase	VERB
ajbmeb-1464	63	12	confidence	confidence	NOUN
ajbmeb-1464	63	13	in	in	ADP
ajbmeb-1464	63	14	these	these	DET
ajbmeb-1464	63	15	currencies	currency	NOUN
ajbmeb-1464	63	16	and	and	CCONJ
ajbmeb-1464	63	17	reduce	reduce	VERB
ajbmeb-1464	63	18	caution	caution	NOUN
ajbmeb-1464	63	19	.	.	PUNCT
ajbmeb-1464	64	1	in	in	ADP
ajbmeb-1464	64	2	addition	addition	NOUN
ajbmeb-1464	64	3	to	to	ADP
ajbmeb-1464	64	4	the	the	DET
ajbmeb-1464	64	5	availability	availability	NOUN
ajbmeb-1464	64	6	of	of	ADP
ajbmeb-1464	64	7	more	more	ADJ
ajbmeb-1464	64	8	data	datum	NOUN
ajbmeb-1464	64	9	on	on	ADP
ajbmeb-1464	64	10	experiments	experiment	NOUN
ajbmeb-1464	64	11	and	and	CCONJ
ajbmeb-1464	64	12	studies	study	NOUN
ajbmeb-1464	64	13	to	to	PART
ajbmeb-1464	64	14	adopt	adopt	VERB
ajbmeb-1464	64	15	(	(	PUNCT
ajbmeb-1464	64	16	cbdc	cbdc	NOUN
ajbmeb-1464	64	17	)	)	PUNCT
ajbmeb-1464	64	18	that	that	PRON
ajbmeb-1464	64	19	would	would	AUX
ajbmeb-1464	64	20	help	help	VERB
ajbmeb-1464	64	21	in	in	ADP
ajbmeb-1464	64	22	diagnosing	diagnose	VERB
ajbmeb-1464	64	23	the	the	DET
ajbmeb-1464	64	24	strengths	strength	NOUN
ajbmeb-1464	64	25	and	and	CCONJ
ajbmeb-1464	64	26	weaknesses	weakness	NOUN
ajbmeb-1464	64	27	of	of	ADP
ajbmeb-1464	64	28	these	these	DET
ajbmeb-1464	64	29	currencies	currency	NOUN
ajbmeb-1464	64	30	.	.	PUNCT
ajbmeb-1464	65	1	also	also	ADV
ajbmeb-1464	65	2	,	,	PUNCT
ajbmeb-1464	65	3	dealing	deal	VERB
ajbmeb-1464	65	4	with	with	ADP
ajbmeb-1464	65	5	caution	caution	NOUN
ajbmeb-1464	65	6	with	with	ADP
ajbmeb-1464	65	7	the	the	DET
ajbmeb-1464	65	8	conclusions	conclusion	NOUN
ajbmeb-1464	65	9	of	of	ADP
ajbmeb-1464	65	10	studies	study	NOUN
ajbmeb-1464	65	11	and	and	CCONJ
ajbmeb-1464	65	12	research	research	NOUN
ajbmeb-1464	65	13	because	because	SCONJ
ajbmeb-1464	65	14	it	it	PRON
ajbmeb-1464	65	15	is	be	AUX
ajbmeb-1464	65	16	still	still	ADV
ajbmeb-1464	65	17	too	too	ADV
ajbmeb-1464	65	18	early	early	ADJ
ajbmeb-1464	65	19	to	to	PART
ajbmeb-1464	65	20	draw	draw	VERB
ajbmeb-1464	65	21	lessons	lesson	NOUN
ajbmeb-1464	65	22	from	from	ADP
ajbmeb-1464	65	23	the	the	DET
ajbmeb-1464	65	24	adoption	adoption	NOUN
ajbmeb-1464	65	25	of	of	ADP
ajbmeb-1464	65	26	these	these	DET
ajbmeb-1464	65	27	currencies	currency	NOUN
ajbmeb-1464	65	28	,	,	PUNCT
ajbmeb-1464	65	29	and	and	CCONJ
ajbmeb-1464	65	30	the	the	DET
ajbmeb-1464	65	31	researcher	researcher	NOUN
ajbmeb-1464	65	32	indicates	indicate	VERB
ajbmeb-1464	65	33	that	that	SCONJ
ajbmeb-1464	65	34	the	the	DET
ajbmeb-1464	65	35	initiatives	initiative	NOUN
ajbmeb-1464	65	36	and	and	CCONJ
ajbmeb-1464	65	37	recommendations	recommendation	NOUN
ajbmeb-1464	65	38	presented	present	VERB
ajbmeb-1464	65	39	above	above	ADV
ajbmeb-1464	65	40	are	be	AUX
ajbmeb-1464	65	41	not	not	PART
ajbmeb-1464	65	42	final	final	ADJ
ajbmeb-1464	65	43	and	and	CCONJ
ajbmeb-1464	65	44	may	may	AUX
ajbmeb-1464	65	45	be	be	AUX
ajbmeb-1464	65	46	a	a	DET
ajbmeb-1464	65	47	minor	minor	ADJ
ajbmeb-1464	65	48	contribution	contribution	NOUN
ajbmeb-1464	65	49	to	to	ADP
ajbmeb-1464	65	50	the	the	DET
ajbmeb-1464	65	51	necessary	necessary	ADJ
ajbmeb-1464	65	52	discussions	discussion	NOUN
ajbmeb-1464	65	53	about	about	ADP
ajbmeb-1464	65	54	(	(	PUNCT
ajbmeb-1464	65	55	cbdc	cbdc	NOUN
ajbmeb-1464	65	56	)	)	PUNCT
ajbmeb-1464	65	57	.	.	PUNCT
ajbmeb-1464	66	1	american	american	PROPN
ajbmeb-1464	66	2	journal	journal	PROPN
ajbmeb-1464	66	3	of	of	ADP
ajbmeb-1464	66	4	business	business	NOUN
ajbmeb-1464	66	5	management	management	NOUN
ajbmeb-1464	66	6	,	,	PUNCT
ajbmeb-1464	66	7	economics	economic	NOUN
ajbmeb-1464	66	8	and	and	CCONJ
ajbmeb-1464	66	9	banking	banking	NOUN
ajbmeb-1464	66	10	volume	volume	NOUN
ajbmeb-1464	66	11	18	18	NUM
ajbmeb-1464	66	12	nov	nov	PROPN
ajbmeb-1464	66	13	.	.	PROPN
ajbmeb-1464	66	14	,	,	PUNCT
ajbmeb-1464	66	15	2023	2023	NUM
ajbmeb-1464	66	16	p	p	NOUN
ajbmeb-1464	66	17	a	a	PRON
ajbmeb-1464	66	18	g	g	NOUN
ajbmeb-1464	66	19	e	e	NOUN
ajbmeb-1464	66	20	|	|	ADV
ajbmeb-1464	66	21	104	104	NUM
ajbmeb-1464	66	22	www.americanjournal.org	www.americanjournal.org	PROPN
ajbmeb-1464	66	23	references	reference	NOUN
ajbmeb-1464	66	24	[	[	X
ajbmeb-1464	66	25	1	1	NUM
ajbmeb-1464	66	26	]	]	PUNCT
ajbmeb-1464	66	27	.	.	PUNCT
ajbmeb-1464	67	1	boar	boar	PROPN
ajbmeb-1464	67	2	,	,	PUNCT
ajbmeb-1464	67	3	c.	c.	PROPN
ajbmeb-1464	67	4	,	,	PUNCT
ajbmeb-1464	67	5	&	&	CCONJ
ajbmeb-1464	67	6	wehrli	wehrli	PROPN
ajbmeb-1464	67	7	,	,	PUNCT
ajbmeb-1464	67	8	a.	a.	NOUN
ajbmeb-1464	67	9	(	(	PUNCT
ajbmeb-1464	67	10	2021	2021	NUM
ajbmeb-1464	67	11	)	)	PUNCT
ajbmeb-1464	67	12	.	.	PUNCT
ajbmeb-1464	68	1	ready	ready	ADJ
ajbmeb-1464	68	2	,	,	PUNCT
ajbmeb-1464	68	3	steady	steady	ADJ
ajbmeb-1464	68	4	,	,	PUNCT
ajbmeb-1464	68	5	go?–results	go?–result	NOUN
ajbmeb-1464	68	6	of	of	ADP
ajbmeb-1464	68	7	the	the	DET
ajbmeb-1464	68	8	third	third	ADJ
ajbmeb-1464	68	9	bis	bis	ADJ
ajbmeb-1464	68	10	survey	survey	NOUN
ajbmeb-1464	68	11	on	on	ADP
ajbmeb-1464	68	12	central	central	ADJ
ajbmeb-1464	68	13	bank	bank	NOUN
ajbmeb-1464	68	14	digital	digital	ADJ
ajbmeb-1464	68	15	currency	currency	NOUN
ajbmeb-1464	68	16	.	.	PUNCT
ajbmeb-1464	69	1	bis	bis	PROPN
ajbmeb-1464	69	2	papers	paper	NOUN
ajbmeb-1464	69	3	,	,	PUNCT
ajbmeb-1464	69	4	114	114	NUM
ajbmeb-1464	69	5	.	.	PUNCT
ajbmeb-1464	70	1	[	[	X
ajbmeb-1464	70	2	2	2	NUM
ajbmeb-1464	70	3	]	]	PUNCT
ajbmeb-1464	70	4	.	.	PUNCT
ajbmeb-1464	70	5	auer	auer	PROPN
ajbmeb-1464	70	6	,	,	PUNCT
ajbmeb-1464	70	7	r.	r.	PROPN
ajbmeb-1464	70	8	,	,	PUNCT
ajbmeb-1464	70	9	&	&	CCONJ
ajbmeb-1464	70	10	böhme	böhme	VERB
ajbmeb-1464	70	11	,	,	PUNCT
ajbmeb-1464	70	12	r.	r.	PROPN
ajbmeb-1464	70	13	(	(	PUNCT
ajbmeb-1464	70	14	2020	2020	NUM
ajbmeb-1464	70	15	)	)	PUNCT
ajbmeb-1464	70	16	.	.	PUNCT
ajbmeb-1464	71	1	the	the	DET
ajbmeb-1464	71	2	technology	technology	NOUN
ajbmeb-1464	71	3	of	of	ADP
ajbmeb-1464	71	4	retail	retail	ADJ
ajbmeb-1464	71	5	central	central	ADJ
ajbmeb-1464	71	6	bank	bank	PROPN
ajbmeb-1464	71	7	digital	digital	ADJ
ajbmeb-1464	71	8	currency	currency	NOUN
ajbmeb-1464	71	9	.	.	PUNCT
ajbmeb-1464	72	1	bis	bis	PROPN
ajbmeb-1464	72	2	quarterly	quarterly	ADJ
ajbmeb-1464	72	3	review	review	NOUN
ajbmeb-1464	72	4	,	,	PUNCT
ajbmeb-1464	72	5	march	march	PROPN
ajbmeb-1464	72	6	.	.	PUNCT
ajbmeb-1464	73	1	85–100	85–100	PROPN
ajbmeb-1464	73	2	.	.	PUNCT
ajbmeb-1464	74	1	[	[	X
ajbmeb-1464	74	2	3	3	NUM
ajbmeb-1464	74	3	]	]	PUNCT
ajbmeb-1464	74	4	.	.	PUNCT
ajbmeb-1464	74	5	auer	auer	PROPN
ajbmeb-1464	74	6	,	,	PUNCT
ajbmeb-1464	74	7	r.	r.	PROPN
ajbmeb-1464	74	8	,	,	PUNCT
ajbmeb-1464	74	9	&	&	CCONJ
ajbmeb-1464	74	10	böhme	böhme	VERB
ajbmeb-1464	74	11	,	,	PUNCT
ajbmeb-1464	74	12	r.	r.	PROPN
ajbmeb-1464	74	13	(	(	PUNCT
ajbmeb-1464	74	14	2021	2021	NUM
ajbmeb-1464	74	15	)	)	PUNCT
ajbmeb-1464	74	16	.	.	PUNCT
ajbmeb-1464	75	1	central	central	PROPN
ajbmeb-1464	75	2	bank	bank	PROPN
ajbmeb-1464	75	3	digital	digital	ADJ
ajbmeb-1464	75	4	currency	currency	NOUN
ajbmeb-1464	75	5	:	:	PUNCT
ajbmeb-1464	75	6	the	the	DET
ajbmeb-1464	75	7	quest	quest	NOUN
ajbmeb-1464	75	8	for	for	ADP
ajbmeb-1464	75	9	minimally	minimally	ADV
ajbmeb-1464	75	10	invasive	invasive	ADJ
ajbmeb-1464	75	11	technology	technology	NOUN
ajbmeb-1464	75	12	(	(	PUNCT
ajbmeb-1464	75	13	no	no	INTJ
ajbmeb-1464	75	14	.	.	NOUN
ajbmeb-1464	75	15	948	948	NUM
ajbmeb-1464	75	16	)	)	PUNCT
ajbmeb-1464	75	17	.	.	PUNCT
ajbmeb-1464	76	1	bank	bank	PROPN
ajbmeb-1464	76	2	for	for	ADP
ajbmeb-1464	76	3	international	international	ADJ
ajbmeb-1464	76	4	settlements	settlement	NOUN
ajbmeb-1464	76	5	.	.	PUNCT
ajbmeb-1464	77	1	[	[	X
ajbmeb-1464	77	2	4	4	NUM
ajbmeb-1464	77	3	]	]	PUNCT
ajbmeb-1464	77	4	.	.	PUNCT
ajbmeb-1464	77	5	auer	auer	PROPN
ajbmeb-1464	77	6	,	,	PUNCT
ajbmeb-1464	77	7	r.	r.	PROPN
ajbmeb-1464	77	8	,	,	PUNCT
ajbmeb-1464	77	9	frost	frost	NOUN
ajbmeb-1464	77	10	,	,	PUNCT
ajbmeb-1464	77	11	j.	j.	PROPN
ajbmeb-1464	77	12	,	,	PUNCT
ajbmeb-1464	77	13	gambacorta	gambacorta	PROPN
ajbmeb-1464	77	14	,	,	PUNCT
ajbmeb-1464	77	15	l.	l.	PROPN
ajbmeb-1464	77	16	,	,	PUNCT
ajbmeb-1464	77	17	monnet	monnet	PROPN
ajbmeb-1464	77	18	,	,	PUNCT
ajbmeb-1464	77	19	c.	c.	PROPN
ajbmeb-1464	77	20	,	,	PUNCT
ajbmeb-1464	77	21	rice	rice	NOUN
ajbmeb-1464	77	22	,	,	PUNCT
ajbmeb-1464	77	23	t.	t.	PROPN
ajbmeb-1464	77	24	,	,	PUNCT
ajbmeb-1464	77	25	&	&	CCONJ
ajbmeb-1464	77	26	shin	shin	PROPN
ajbmeb-1464	77	27	,	,	PUNCT
ajbmeb-1464	77	28	h.	h.	PROPN
ajbmeb-1464	77	29	s.	s.	PROPN
ajbmeb-1464	77	30	(	(	PUNCT
ajbmeb-1464	77	31	2022	2022	NUM
ajbmeb-1464	77	32	)	)	PUNCT
ajbmeb-1464	77	33	.	.	PUNCT
ajbmeb-1464	78	1	central	central	PROPN
ajbmeb-1464	78	2	bank	bank	PROPN
ajbmeb-1464	78	3	digital	digital	ADJ
ajbmeb-1464	78	4	currencies	currency	NOUN
ajbmeb-1464	78	5	:	:	PUNCT
ajbmeb-1464	78	6	motives	motive	NOUN
ajbmeb-1464	78	7	,	,	PUNCT
ajbmeb-1464	78	8	economic	economic	ADJ
ajbmeb-1464	78	9	implications	implication	NOUN
ajbmeb-1464	78	10	,	,	PUNCT
ajbmeb-1464	78	11	and	and	CCONJ
ajbmeb-1464	78	12	the	the	DET
ajbmeb-1464	78	13	research	research	NOUN
ajbmeb-1464	78	14	frontier	frontier	NOUN
ajbmeb-1464	78	15	.	.	PUNCT
ajbmeb-1464	79	1	annual	annual	ADJ
ajbmeb-1464	79	2	review	review	NOUN
ajbmeb-1464	79	3	of	of	ADP
ajbmeb-1464	79	4	economics	economic	NOUN
ajbmeb-1464	79	5	,	,	PUNCT
ajbmeb-1464	79	6	14	14	NUM
ajbmeb-1464	79	7	,	,	PUNCT
ajbmeb-1464	79	8	697	697	NUM
ajbmeb-1464	79	9	-	-	SYM
ajbmeb-1464	79	10	721	721	NUM
ajbmeb-1464	79	11	.	.	PUNCT
ajbmeb-1464	80	1	[	[	X
ajbmeb-1464	80	2	5	5	NUM
ajbmeb-1464	80	3	]	]	PUNCT
ajbmeb-1464	80	4	.	.	PUNCT
ajbmeb-1464	80	5	stanley	stanley	PROPN
ajbmeb-1464	80	6	,	,	PUNCT
ajbmeb-1464	80	7	a.	a.	NOUN
ajbmeb-1464	80	8	(	(	PUNCT
ajbmeb-1464	80	9	2022	2022	NUM
ajbmeb-1464	80	10	)	)	PUNCT
ajbmeb-1464	80	11	.	.	PUNCT
ajbmeb-1464	81	1	the	the	DET
ajbmeb-1464	81	2	ascent	ascent	NOUN
ajbmeb-1464	81	3	of	of	ADP
ajbmeb-1464	81	4	cbdcs	cbdc	NOUN
ajbmeb-1464	81	5	.	.	PUNCT
ajbmeb-1464	82	1	finance	finance	NOUN
ajbmeb-1464	82	2	&	&	CCONJ
ajbmeb-1464	82	3	development	development	PROPN
ajbmeb-1464	82	4	,	,	PUNCT
ajbmeb-1464	82	5	september	september	PROPN
ajbmeb-1464	82	6	2022	2022	NUM
ajbmeb-1464	82	7	,	,	PUNCT
ajbmeb-1464	82	8	48	48	NUM
ajbmeb-1464	82	9	.	.	PUNCT
ajbmeb-1464	83	1	[	[	X
ajbmeb-1464	83	2	6	6	NUM
ajbmeb-1464	83	3	]	]	PUNCT
ajbmeb-1464	83	4	.	.	PUNCT
ajbmeb-1464	84	1	kosse	kosse	PROPN
ajbmeb-1464	84	2	,	,	PUNCT
ajbmeb-1464	84	3	a.	a.	NOUN
ajbmeb-1464	84	4	,	,	PUNCT
ajbmeb-1464	84	5	&	&	CCONJ
ajbmeb-1464	84	6	mattei	mattei	PROPN
ajbmeb-1464	84	7	,	,	PUNCT
ajbmeb-1464	84	8	i.	i.	NOUN
ajbmeb-1464	84	9	(	(	PUNCT
ajbmeb-1464	84	10	2022	2022	NUM
ajbmeb-1464	84	11	)	)	PUNCT
ajbmeb-1464	84	12	.	.	PUNCT
ajbmeb-1464	85	1	gaining	gain	VERB
ajbmeb-1464	85	2	momentum	momentum	NOUN
ajbmeb-1464	85	3	–	–	PUNCT
ajbmeb-1464	85	4	results	result	NOUN
ajbmeb-1464	85	5	of	of	ADP
ajbmeb-1464	85	6	the	the	DET
ajbmeb-1464	85	7	2021	2021	NUM
ajbmeb-1464	85	8	bis	bis	ADJ
ajbmeb-1464	85	9	survey	survey	NOUN
ajbmeb-1464	85	10	on	on	ADP
ajbmeb-1464	85	11	central	central	ADJ
ajbmeb-1464	85	12	bank	bank	NOUN
ajbmeb-1464	85	13	digital	digital	ADJ
ajbmeb-1464	85	14	currencies	currency	NOUN
ajbmeb-1464	85	15	.	.	PUNCT
ajbmeb-1464	86	1	bis	bis	ADJ
ajbmeb-1464	86	2	papers	paper	NOUN
ajbmeb-1464	86	3	.	.	PUNCT
ajbmeb-1464	87	1	no	no	DET
ajbmeb-1464	87	2	125	125	NUM
ajbmeb-1464	87	3	,	,	PUNCT
ajbmeb-1464	87	4	bank	bank	NOUN
ajbmeb-1464	87	5	for	for	ADP
ajbmeb-1464	87	6	international	international	ADJ
ajbmeb-1464	87	7	settlements	settlement	NOUN
ajbmeb-1464	87	8	,	,	PUNCT
ajbmeb-1464	87	9	base	base	NOUN
ajbmeb-1464	87	10	.	.	PUNCT
ajbmeb-1464	88	1	[	[	X
ajbmeb-1464	88	2	7	7	NUM
ajbmeb-1464	88	3	]	]	PUNCT
ajbmeb-1464	88	4	.	.	PUNCT
ajbmeb-1464	88	5	ponce	ponce	PROPN
ajbmeb-1464	88	6	,	,	PUNCT
ajbmeb-1464	88	7	j.	j.	PROPN
ajbmeb-1464	88	8	(	(	PUNCT
ajbmeb-1464	88	9	2020	2020	NUM
ajbmeb-1464	88	10	)	)	PUNCT
ajbmeb-1464	88	11	.	.	PUNCT
ajbmeb-1464	89	1	digitalization	digitalization	NOUN
ajbmeb-1464	89	2	,	,	PUNCT
ajbmeb-1464	89	3	retail	retail	ADJ
ajbmeb-1464	89	4	payments	payment	NOUN
ajbmeb-1464	89	5	and	and	CCONJ
ajbmeb-1464	89	6	central	central	ADJ
ajbmeb-1464	89	7	bank	bank	NOUN
ajbmeb-1464	89	8	digital	digital	ADJ
ajbmeb-1464	89	9	currency	currency	NOUN
ajbmeb-1464	89	10	.	.	PUNCT
ajbmeb-1464	90	1	financial	financial	ADJ
ajbmeb-1464	90	2	stability	stability	PROPN
ajbmeb-1464	90	3	review	review	NOUN
ajbmeb-1464	90	4	,	,	PUNCT
ajbmeb-1464	90	5	39	39	NUM
ajbmeb-1464	90	6	,	,	PUNCT
ajbmeb-1464	90	7	127	127	NUM
ajbmeb-1464	90	8	-	-	SYM
ajbmeb-1464	90	9	155	155	NUM
ajbmeb-1464	90	10	.	.	PUNCT
ajbmeb-1464	91	1	[	[	X
ajbmeb-1464	91	2	8	8	NUM
ajbmeb-1464	91	3	]	]	SYM
ajbmeb-1464	91	4	.	.	PUNCT
ajbmeb-1464	91	5	auer	auer	PROPN
ajbmeb-1464	91	6	,	,	PUNCT
ajbmeb-1464	91	7	r.	r.	PROPN
ajbmeb-1464	91	8	,	,	PUNCT
ajbmeb-1464	91	9	frost	frost	NOUN
ajbmeb-1464	91	10	,	,	PUNCT
ajbmeb-1464	91	11	j.	j.	PROPN
ajbmeb-1464	91	12	,	,	PUNCT
ajbmeb-1464	91	13	gambacorta	gambacorta	PROPN
ajbmeb-1464	91	14	,	,	PUNCT
ajbmeb-1464	91	15	l.	l.	PROPN
ajbmeb-1464	91	16	,	,	PUNCT
ajbmeb-1464	91	17	monnet	monnet	PROPN
ajbmeb-1464	91	18	,	,	PUNCT
ajbmeb-1464	91	19	c.	c.	PROPN
ajbmeb-1464	91	20	,	,	PUNCT
ajbmeb-1464	91	21	rice	rice	NOUN
ajbmeb-1464	91	22	,	,	PUNCT
ajbmeb-1464	91	23	t.	t.	PROPN
ajbmeb-1464	91	24	,	,	PUNCT
ajbmeb-1464	91	25	&	&	CCONJ
ajbmeb-1464	91	26	shin	shin	PROPN
ajbmeb-1464	91	27	,	,	PUNCT
ajbmeb-1464	91	28	h.	h.	PROPN
ajbmeb-1464	91	29	s.	s.	PROPN
ajbmeb-1464	91	30	(	(	PUNCT
ajbmeb-1464	91	31	2022	2022	NUM
ajbmeb-1464	91	32	)	)	PUNCT
ajbmeb-1464	91	33	.	.	PUNCT
ajbmeb-1464	92	1	central	central	PROPN
ajbmeb-1464	92	2	bank	bank	PROPN
ajbmeb-1464	92	3	digital	digital	ADJ
ajbmeb-1464	92	4	currencies	currency	NOUN
ajbmeb-1464	92	5	:	:	PUNCT
ajbmeb-1464	92	6	motives	motive	NOUN
ajbmeb-1464	92	7	,	,	PUNCT
ajbmeb-1464	92	8	economic	economic	ADJ
ajbmeb-1464	92	9	implications	implication	NOUN
ajbmeb-1464	92	10	,	,	PUNCT
ajbmeb-1464	92	11	and	and	CCONJ
ajbmeb-1464	92	12	the	the	DET
ajbmeb-1464	92	13	research	research	NOUN
ajbmeb-1464	92	14	frontier	frontier	NOUN
ajbmeb-1464	92	15	.	.	PUNCT
ajbmeb-1464	93	1	annual	annual	ADJ
ajbmeb-1464	93	2	review	review	NOUN
ajbmeb-1464	93	3	of	of	ADP
ajbmeb-1464	93	4	economics	economic	NOUN
ajbmeb-1464	93	5	,	,	PUNCT
ajbmeb-1464	93	6	14	14	NUM
ajbmeb-1464	93	7	,	,	PUNCT
ajbmeb-1464	93	8	697	697	NUM
ajbmeb-1464	93	9	-	-	SYM
ajbmeb-1464	93	10	721	721	NUM
ajbmeb-1464	93	11	.	.	PUNCT
ajbmeb-1464	94	1	[	[	X
ajbmeb-1464	94	2	9	9	NUM
ajbmeb-1464	94	3	]	]	PUNCT
ajbmeb-1464	94	4	.	.	PUNCT
ajbmeb-1464	94	5	cœuré	cœuré	PROPN
ajbmeb-1464	94	6	,	,	PUNCT
ajbmeb-1464	94	7	b.	b.	PROPN
ajbmeb-1464	94	8	&	&	CCONJ
ajbmeb-1464	94	9	cunliffe	cunliffe	PROPN
ajbmeb-1464	94	10	,	,	PUNCT
ajbmeb-1464	94	11	j.	j.	PROPN
ajbmeb-1464	94	12	,	,	PUNCT
ajbmeb-1464	94	13	(	(	PUNCT
ajbmeb-1464	94	14	2020	2020	NUM
ajbmeb-1464	94	15	)	)	PUNCT
ajbmeb-1464	94	16	,	,	PUNCT
ajbmeb-1464	94	17	central	central	ADJ
ajbmeb-1464	94	18	bank	bank	NOUN
ajbmeb-1464	94	19	digital	digital	ADJ
ajbmeb-1464	94	20	currencies	currency	NOUN
ajbmeb-1464	94	21	:	:	PUNCT
ajbmeb-1464	94	22	foundational	foundational	ADJ
ajbmeb-1464	94	23	principles	principle	NOUN
ajbmeb-1464	94	24	and	and	CCONJ
ajbmeb-1464	94	25	core	core	NOUN
ajbmeb-1464	94	26	features	feature	NOUN
ajbmeb-1464	94	27	:	:	PUNCT
ajbmeb-1464	94	28	report	report	VERB
ajbmeb-1464	94	29	no	no	INTJ
ajbmeb-1464	94	30	.	.	NOUN
ajbmeb-1464	94	31	1	1	NUM
ajbmeb-1464	94	32	in	in	ADP
ajbmeb-1464	94	33	a	a	DET
ajbmeb-1464	94	34	series	series	NOUN
ajbmeb-1464	94	35	of	of	ADP
ajbmeb-1464	94	36	collaborations	collaboration	NOUN
ajbmeb-1464	94	37	from	from	ADP
ajbmeb-1464	94	38	a	a	DET
ajbmeb-1464	94	39	group	group	NOUN
ajbmeb-1464	94	40	of	of	ADP
ajbmeb-1464	94	41	central	central	ADJ
ajbmeb-1464	94	42	banks	bank	NOUN
ajbmeb-1464	94	43	,	,	PUNCT
ajbmeb-1464	94	44	bank	bank	NOUN
ajbmeb-1464	94	45	for	for	ADP
ajbmeb-1464	94	46	international	international	ADJ
ajbmeb-1464	94	47	settlements	settlement	NOUN
ajbmeb-1464	94	48	.	.	PUNCT
ajbmeb-1464	95	1	[	[	X
ajbmeb-1464	95	2	10	10	NUM
ajbmeb-1464	95	3	]	]	PUNCT
ajbmeb-1464	95	4	.	.	PUNCT
ajbmeb-1464	95	5	davoodalhosseini	davoodalhosseini	PROPN
ajbmeb-1464	95	6	,	,	PUNCT
ajbmeb-1464	95	7	s.	s.	PROPN
ajbmeb-1464	95	8	m.	m.	PROPN
ajbmeb-1464	95	9	(	(	PUNCT
ajbmeb-1464	95	10	2022	2022	NUM
ajbmeb-1464	95	11	)	)	PUNCT
ajbmeb-1464	95	12	.	.	PUNCT
ajbmeb-1464	96	1	central	central	PROPN
ajbmeb-1464	96	2	bank	bank	PROPN
ajbmeb-1464	96	3	digital	digital	ADJ
ajbmeb-1464	96	4	currency	currency	NOUN
ajbmeb-1464	96	5	and	and	CCONJ
ajbmeb-1464	96	6	monetary	monetary	ADJ
ajbmeb-1464	96	7	policy	policy	NOUN
ajbmeb-1464	96	8	.	.	PUNCT
ajbmeb-1464	97	1	journal	journal	NOUN
ajbmeb-1464	97	2	of	of	ADP
ajbmeb-1464	97	3	economic	economic	ADJ
ajbmeb-1464	97	4	dynamics	dynamic	NOUN
ajbmeb-1464	97	5	and	and	CCONJ
ajbmeb-1464	97	6	control	control	NOUN
ajbmeb-1464	97	7	,	,	PUNCT
ajbmeb-1464	97	8	142	142	NUM
ajbmeb-1464	97	9	,	,	PUNCT
ajbmeb-1464	97	10	104150	104150	NUM
ajbmeb-1464	97	11	.	.	PUNCT
ajbmeb-1464	98	1	[	[	X
ajbmeb-1464	98	2	11	11	NUM
ajbmeb-1464	98	3	]	]	PUNCT
ajbmeb-1464	98	4	.	.	PUNCT
ajbmeb-1464	99	1	mancini	mancini	PROPN
ajbmeb-1464	99	2	-	-	PUNCT
ajbmeb-1464	99	3	griffoli	griffoli	PROPN
ajbmeb-1464	99	4	,	,	PUNCT
ajbmeb-1464	99	5	t.	t.	PROPN
ajbmeb-1464	99	6	,	,	PUNCT
ajbmeb-1464	99	7	peria	peria	PROPN
ajbmeb-1464	99	8	,	,	PUNCT
ajbmeb-1464	99	9	m.	m.	NOUN
ajbmeb-1464	99	10	s.	s.	PROPN
ajbmeb-1464	99	11	m.	m.	PROPN
ajbmeb-1464	99	12	,	,	PUNCT
ajbmeb-1464	99	13	agur	agur	PROPN
ajbmeb-1464	99	14	,	,	PUNCT
ajbmeb-1464	99	15	i.	i.	PROPN
ajbmeb-1464	99	16	,	,	PUNCT
ajbmeb-1464	99	17	ari	ari	PROPN
ajbmeb-1464	99	18	,	,	PUNCT
ajbmeb-1464	99	19	a.	a.	PROPN
ajbmeb-1464	99	20	,	,	PUNCT
ajbmeb-1464	99	21	kiff	kiff	PROPN
ajbmeb-1464	99	22	,	,	PUNCT
ajbmeb-1464	99	23	j.	j.	PROPN
ajbmeb-1464	99	24	,	,	PUNCT
ajbmeb-1464	99	25	popescu	popescu	PROPN
ajbmeb-1464	99	26	,	,	PUNCT
ajbmeb-1464	99	27	a.	a.	PROPN
ajbmeb-1464	99	28	,	,	PUNCT
ajbmeb-1464	99	29	&	&	CCONJ
ajbmeb-1464	99	30	rochon	rochon	PROPN
ajbmeb-1464	99	31	,	,	PUNCT
ajbmeb-1464	99	32	c.	c.	PROPN
ajbmeb-1464	99	33	(	(	PUNCT
ajbmeb-1464	99	34	2018	2018	NUM
ajbmeb-1464	99	35	)	)	PUNCT
ajbmeb-1464	99	36	.	.	PUNCT
ajbmeb-1464	100	1	casting	cast	VERB
ajbmeb-1464	100	2	light	light	NOUN
ajbmeb-1464	100	3	on	on	ADP
ajbmeb-1464	100	4	central	central	ADJ
ajbmeb-1464	100	5	bank	bank	NOUN
ajbmeb-1464	100	6	digital	digital	ADJ
ajbmeb-1464	100	7	currency	currency	NOUN
ajbmeb-1464	100	8	.	.	PUNCT
ajbmeb-1464	101	1	imf	imf	PROPN
ajbmeb-1464	101	2	staff	staff	PROPN
ajbmeb-1464	101	3	discussion	discussion	NOUN
ajbmeb-1464	101	4	note	note	NOUN
ajbmeb-1464	101	5	,	,	PUNCT
ajbmeb-1464	101	6	8(18	8(18	NUM
ajbmeb-1464	101	7	)	)	PUNCT
ajbmeb-1464	101	8	,	,	PUNCT
ajbmeb-1464	101	9	1	1	NUM
ajbmeb-1464	101	10	-	-	SYM
ajbmeb-1464	101	11	39	39	NUM
ajbmeb-1464	101	12	.	.	PUNCT