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CONCENTRATION OF CRYPTOCURRENCY ASSETS IN INSTITUTIONAL STRUCTURES: CHALLENGES TO MONETARY SOVEREIGNTY OF STATES

Business Navigator
The article examines the influence of institutional concentration of cryptocurrency assets on the monetary sovereignty of states. It is argued that the centralized control over decentralized assets contradicts the original concept of cryptocurrencies and
Mykhailo Koliadka
semanticscholar   +1 more source

Monetary Sovereignty in the EU and the Digital Euro

Common market law review
The concept of monetary sovereignty, as part of the concept of general sovereignty, has attracted most of its academic and political attention in the aftermath of the Great Financial Crisis.
Johannes Melchior Blaschczok
semanticscholar   +1 more source

ASSESSMENT OF RUSSIA’S MONETARY SOVEREIGNTY BASED ON AN INTEGRATED INDICATOR: METHODOLOGY AND RESULTS

EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA
The article substantiates the necessity of a quantitative assessment of a state’s monetary sovereignty coefficient based on an integral indicator composed of a set of economic parameters and institutional indicators. A comprehensive analysis is conducted,
Evgenii V. Kulakov, Sergey P. Kolchin
semanticscholar   +1 more source

External debt matters: What are the limits to monetary sovereignty?

The Japanese Political Economy, 2020
Proponents of Modern Monetary Theory frequently use the slogan that a nation State that issues its own currency possesses monetary sovereignty. The problem with this definition is that most countries issue their own currency.
J. Kregel
semanticscholar   +1 more source

Technology and monetary sovereignty: Understanding motivations for central bank digital currencies

Competition & Change
Central bank digital currency (CBDC) projects have advanced the furthest in small or developing economies. In contrast, central banks in wealthy countries where technologies that fuelled this trend developed are holding back on such plans.
Colin Chia
semanticscholar   +1 more source

Sylvanus Olympio, the Franc CFA, and His Quest for Monetary Sovereignty (1958–1963)

African Economic History
:In the early 1960s, Togo’s first president Sylvanus Olympio attempted to create a sovereign currency and establish more economic independence from France.
Robin Frisch
semanticscholar   +1 more source

The Euro and Monetary Sovereignty

2023
Abstract This chapter assesses the effect of the euro on monetary sovereignty. The process of monetary union has, without question, resulted in the transfer of national monetary sovereignty from Member States to entities subsisting within the framework of the Treaties.
openaire   +1 more source

National Digital Currency Issue: A Potential Shift in the Monetary Sovereignty Architecture

Financial law
The article is devoted to the issues of issuing a national digital currency. The author analyzes the potential benefits and risks associated with the introduction of digital financial entities, including the digital ruble, as well as their possible ...
Khristofor V. Ivanyan
semanticscholar   +1 more source

Spearhead Currency: Monetary Sovereignty and the Liberation of France

International History Review, 2020
The Allied preparations to liberate Europe from German occupation included planning for army purchasing in combat zones and for the restoration of monetary order in liberated regions.
Kenneth Mouré
semanticscholar   +1 more source

Revisiting the Monetary Sovereignty Rationale for CBDCs

2021
As currently articulated, the monetary sovereignty argument for central bank digital currencies (CBDCs) rests on the idea that without them, private and foreign digital monies could displace domestic currencies (a process called currency substitution), threatening the central bank s monetary policy and lender-of-last-resort (LLR) capabilities.
openaire   +2 more sources

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