Central Bank Digital Currencies

The Future of Money

AvMichael Lloyd

Häftad, Engelska, 2023

648 kr

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Beskrivning

The advent of digital stablecoins and the continuing decline of cash are prompting central banks across the world to explore developing their own digital currencies. Although few have launched so far, the potential for central bank digital currency (CBDC) promises a revolution in banking.Michael Lloyd considers the opportunities and threats that the arrival of CBDCs will have for commercial banking and the world’s monetary system. The choices facing central banks regarding the use, design and technology of digital currencies are examined as well as the potential impacts on consumer security and privacy.

Produktinformation

Utgivningsdatum:2023-06-08
Mått:156 x 234 x 15 mm
Vikt:266 g
Format:Häftad
Språk:Engelska
Antal sidor:168
Förlag:Edinburgh University Press
ISBN:9781788216326

Utforska kategorier

Finansiering inom Ekonomi och Ledarskap
Makroekonomi inom Ekonomi och Ledarskap

Mer om författaren

Michael Lloyd is a Senior Research Fellow at the international affairs think tank, the Global Policy Institute, and a visiting fellow at Newcastle University. His books include The Euro and the UK (2009) and Federal Central Banks (coauthor) (2018).

Recensioner i media

This book deals with an important and topical matter: central bank digital currencies. It provides sophisticated yet understandable insights into the world of cryptocurrencies, which have profound implications not only for the stability of the global monetary and financial systems, but also for the well-being of ordinary citizens.

Innehållsförteckning

Introduction1. Central banks consideration of retail and wholesale CBDCs2. The domestic monetary and legal implications of CBDCs3. Choices of technology for CBDCs4. The impact on the commercial banking sector5. The impact of CBDCs: the regional and international nexus6. The future of money: the next decadeAppendix