Arbeitspapier

Regulating fintech: Objectives, principles, and practices

This paper starts by revisiting the true definition of money and identifies that electronic money is not a new concept. It explains the spectrum of money in the context of the past, present, and future and argues that technology can only enhance the way we deal with money and will never change the nature of money. The prospect of digital currency relies on innovation capacity, not only on central banks. The discussions propose that a central bank is similar to a welfare society, and demand for digitalization has always been present due to problems such as nano units and coverage. The author recommends tackling each digitization challenge sequentially and with a logical approach.

Sprache
Englisch

Erschienen in
Series: ADBI Working Paper Series ; No. 1016

Klassifikation
Wirtschaft
International Financial Markets
Economic Impacts of Globalization: Finance
Economic Development: Financial Markets; Saving and Capital Investment; Corporate Finance and Governance
Thema
fintech
financial technology
digital currency

Ereignis
Geistige Schöpfung
(wer)
Amstad, Marlene
Ereignis
Veröffentlichung
(wer)
Asian Development Bank Institute (ADBI)
(wo)
Tokyo
(wann)
2019

Handle
Letzte Aktualisierung
10.03.2025, 11:43 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Amstad, Marlene
  • Asian Development Bank Institute (ADBI)

Entstanden

  • 2019

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