Results 61 to 70 of about 300 (175)

Cryptocurrency Bubbles and Costly Mining

International Economic Review, Volume 67, Issue 2, Page 499-512, May 2026.
ABSTRACT This paper develops a model of a cryptocurrency by incorporating mining into the otherwise standard search‐theoretic monetary framework. As usual, multiple equilibria exist. To obtain a sharp prediction on whether a cryptocurrency' s value will last in the future, I propose a notion of equilibrium refinement based on the feature that mining ...
Kohei Iwasaki
wiley   +1 more source

The Impact of Central Bank Digital Currency Participation in Cross-Border Payments on International Monetary Competition [PDF]

SHS Web of Conferences
This paper examines the far-reaching impact of central bank digital currency (CBDC) applications for cross-border payments on the international monetary competition landscape.
Zhong Ling
doaj   +1 more source

Best Before? Expiring Central Bank Digital Currency and Loss Recovery

Journal of Money, Credit and Banking, Volume 58, Issue 3, Page 787-819, April 2026.
Abstract Physical cash enables payments in the absence of electricity or network coverage. Such offline payment functionality promotes the operational resilience and, particularly in developing countries, the accessibility of payments. Central banks are exploring issuing digital cash substitutes with similar offline payment functionality.
CHARLES M. KAHN, MAARTEN R.C. VAN OORDT, YU ZHU   +2 more
wiley   +1 more source

Central bank digital currency in small open economies

Latin American Journal of Central Banking
This paper examines how the introduction of Central Bank Digital Currency (CBDC) impacts small open economies (SOE). We build a Two-Agent New Keynesian (TANK) model with financially constrained agents, where both cash and CBDC provide liquidity service ...
Rong Fan, Todd B. Walker, Allan Wright
doaj   +1 more source

Informational Efficiency in Cryptocurrency Markets: A Bibliometric and Thematic Literature Review (2015–2024)

Journal of Economic Surveys, Volume 40, Issue 1, Page 443-468, February 2026.
ABSTRACT Cryptocurrency markets are known for their wide price fluctuations, lack of central control, and fast‐paced development. These characteristics present serious challenges to traditional theories about how markets work and how prices reflect available information.
Giulia Fantini, Joy Jia, Chiara Oldani
wiley   +1 more source

CBDC, Trust in the Central Bank and the Privacy Paradox

ECONOMICS
Privacy/anonymity of digital transactions is an issue that potentially may affect demand for central bank digital currency. Does discussions about privacy paradox related to CBDC?
Koziuk Viktor, Ivashuk Yurii, Hayda Yurii   +2 more
doaj   +1 more source

Can Complementary Currencies Foster Sustainability? A Systematic Review of the Impacts of Environmental Complementary Currencies

Journal of Economic Surveys, Volume 40, Issue 1, Page 549-581, February 2026.
ABSTRACT Growing financial needs for a sustainable transition have led to the development of green finance and citizen‐led monetary innovations. These initiatives recognized the necessity of developing new forms of money regarding the environmental crisis, referred to as environmental complementary currency (ECCs).
Léo Revelli
wiley   +1 more source

Analisis Penerapan Central Bank Digital Currency Dalam Ekonomi Syariah: Perspektif Hukum Dan Keuangan Islam

Dialektika: Jurnal Ekonomi dan Ilmu Sosial
Perkembangan teknologi keuangan digital telah mendorong berbagai bank sentral di dunia untuk mengembangkan Central Bank Digital Currency (CBDC). Penelitian ini mengkaji penerapan CBDC dari perspektif ekonomi syariah dengan fokus pada aspek hukum dan ...
Imama Zuchroh
doaj   +1 more source

The phenomenon of central banks’ digital currencies (CBDC): key attributes and implementation perspectives

Український соціум, 2020
Paper dwells upon the phenomenon of the emergence of central banks’ digital currencies (CBDC). Forms of digital money as means of exchange have been identified, and differences between central banks’ digital currencies and other forms of central bank ...
Shkliar A. I.
doaj   +1 more source

A Review of Offline Blockchain Transaction Systems

IET Blockchain, Volume 6, Issue 1, January/December 2026.
Blockchain systems currently rely on constant network connectivity, which limits their utility in remote areas, during network outages or cyber attacks. This paper presents the first systematic study on offline blockchain implementations, analyzing their security and privacy challenges.
Srivatsav Chenna, Christian Prehofer
wiley   +1 more source