Description

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.

Central Bank Digital Currencies: The Future of Money

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£34.99

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Paperback / softback by Dr Michael Lloyd

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The advent of digital stablecoins and the continuing decline of cash are prompting central banks across the world to explore... Read more

    Publisher: Agenda Publishing
    Publication Date: 08/06/2023
    ISBN13: 9781788216326, 978-1788216326
    ISBN10: 1788216326

    Number of Pages: 168

    Non Fiction , Business, Finance & Law

    Description

    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.

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