Central Bank Digital Currencies : The Future of Money
Book Details
Format
Paperback / Softback
ISBN-10
1788216326
ISBN-13
9781788216326
Publisher
Agenda Publishing
Imprint
Agenda Publishing
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jun 8th, 2023
Print length
168 Pages
Weight
266 grams
Dimensions
15.50 x 23.40 x 1.50 cms
Product Classification:
Monetary economicsFinanceBanking
Ksh 6,300.00
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In this wide-ranging review, Michael Lloyd explores the potential opportunities and threats that the advent of CBDCs will have for commercial banking, business, individuals and the central banks themselves, as well as the world's monetary system.
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 worlds 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.
Michael Lloyd considers the opportunities and threats that the arrival of CBDCs will have for commercial banking and the worlds 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.
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