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Central Bank Digital Currencies Dr Michael Lloyd (Global Policy Institute)

Central Bank Digital Currencies von Dr Michael Lloyd (Global Policy Institute)

Central Bank Digital Currencies Dr Michael Lloyd (Global Policy Institute)


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Zusammenfassung

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.

Central Bank Digital Currencies Zusammenfassung

Central Bank Digital Currencies: The Future of Money Dr Michael Lloyd (Global Policy Institute)

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 Bewertungen

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.

-- Lucia Quaglia, University of Bologna

As the debate on Central Bank Digital Currency (CBDC) intensifies, we need an informed society-wide debate about the potential impact on fractional reserve banking, privacy, and taxation, within a deeper discussion of the role of credit in a modern economy. I welcome a book that helps citizens enter that debate by providing a comprehensive overview of CBDCs, their benefits and risks, and their potential impact on the global financial system, while also being accessible and practical.

-- Professor Michael Mainelli, Chairman, Z/Yen Group and Sheriff of the City of London, 2019-21

Über Dr Michael Lloyd (Global Policy Institute)

Michael Lloyd is a senior research fellow at the international affairs think tank, the Global Policy Institute, and a former visiting fellow at Newcastle University. His books include British Business Banking (Agenda 2021).

Inhaltsverzeichnis

Introduction

1. Central banks consideration of retail and wholesale CBDCs

2. The domestic monetary and legal implications of CBDCs

3. Choices of technology for CBDCs

4. The impact on the commercial banking sector

5. The impact of CBDCs: the regional and international nexus

6. The future of money: the next decade

Appendix

Zusätzliche Informationen

GOR013334568
9781788216326
1788216326
Central Bank Digital Currencies: The Future of Money Dr Michael Lloyd (Global Policy Institute)
Gebraucht - Sehr Gut
Broschiert
Agenda Publishing
2023-06-08
168
N/A
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