Results 41 to 50 of about 3,055,735 (327)
Digital Yuan – currency or policy tool?
Acta Universitatis Carolinae. Iuridica, 2021 Central bank digital currencies (CBDCs) are Bitcoin-inspired currencies that combine aspects of virtual currencies with FIAT money. Many central banks and countries around the world are thinking about or planning to introduce some form of CBDC.
Martin Samek, Martin Vlasta
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Russian Journal of Economics and Law, 2020 Objective: to research a new financial tool, namely, digital currencies of central banks, to analyze the essence of stablecoins as a new financial tool, and to assess the risks of non-compliance with the AML (“anti-money laundering”) and KYC (“know your ...
Z. I. Khisamova
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Potential of decentralized interbank settlements using blockchain
Стратегические решения и риск-менеджмент, 2018 Digital currency became a relevant topic lately, with the central banks contemplating the idea of issuing their own virtual currencies. Central banks may issue their virtual currencies to simplify interbank cross-border settlements and make them cheaper.
V. L. Dostov +2 more
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Designing a global digital currency [PDF]
Journal of International Money and Finance, 2017 The notion of a global currency is a debate set aside in the past decade as the abstraction saw little potential for realization in a world with heterogeneous governments unwilling to sacrifice seigniorage for optimal design. The technical capability of creating digital currencies, independent of governments, resurrects the discussion and begs the ...
Ronald J. Balvers, Bill McDonald
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Reserve currency competition in a polycentric world financial system
Финансы: теория и практика, 2022 This research is devoted to the issues of reserve currency competition in the global financial system. The paper aims to investigate key sources of competitive advantages of reserve currencies in the context of the development of the global financial ...
D. M. Sakharov
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Digital Currencies: Is Africa Ready?
Studia Universitatis Babeş-Bolyai NegotiaDigital currencies are likely to modify the way businesses, people and governments transact in Africa. Nonetheless, several factors need to be assessed before the wide adoption of digital currencies in the continent. These factors include the regulatory
Favourate Y. MPOFU
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Designing Central Bank Digital Currencies [PDF]
IMF Working Papers, 2019 We study the optimal design of a central bank digital currency (CBDC) in an environment where agents sort into cash, CBDC and bank deposits according to their preferences over anonymity and security; and where network effects make the convenience of payment instruments dependent on the number of their users. CBDC can be designed with attributes similar
Itai Agur +2 more
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Cryptocurrencies vs Central Banks' Digital Currencies: The Role of Financial Literacy
Финансы: теория и практика, 2022 A bifurcation point has arisen in the transformation of the global monetary and financial system, associated with its further digital transformation: will it be based on private digital currencies like Bitcoin, or on the basis of central bank digital ...
L. V. Krylova, I. V. Lukashenko
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What are the main drivers of the Bitcoin price? Evidence from wavelet coherence analysis [PDF]
, 2014 Bitcoin has emerged as a fascinating phenomenon of the financial markets. Without any central authority issuing the currency, it has been associated with controversy ever since its popularity and public interest reached high levels.
Kristoufek, Ladislav
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South American Expert Roundtable : increasing adaptive governance capacity for coping with unintended side effects of digital transformation [PDF]
, 2020 This paper presents the main messages of a South American expert roundtable (ERT) on the unintended side effects (unseens) of digital transformation. The input of the ERT comprised 39 propositions from 20 experts representing 11 different perspectives ...
Cardinelle Oliveira Garcia, Flúvio +18 more
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