Virtual currencies and their potential impact on financial markets and monetary policy

Bericht

Virtual currencies are a contemporary form of private money. Thanks to their technological properties, their global transaction networks are relatively safe, transparent, and fast. This gives them good prospects for further development. However, they remain unlikely to challenge the dominant position of sovereign currencies and central banks, especially those in major currency areas. As with other innovations, virtual currencies pose a challenge to financial regulators, in particular because of their anonymity and trans-border character.

Object Details

• ISBN: 978-83-7178-673-0
• Language: Englisch

References and Relationships

• Bibliographic citation: Series: CASE Reports ; No. 495

Classification and Topics

• Classification: Wirtschaft ; Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems ; Central Banks and Their Policies ; Foreign Exchange ; General Financial Markets: Government Policy and Regulation ; Financial Institutions and Services: Government Policy and Regulation ; Economic History: Financial Markets and Institutions: U.S.; Canada: Pre-1913 ; Economic History: Financial Markets and Institutions: Europe: Pre-1913
• Subject: virtual currency ; private money ; sovereign currency ; free banking ; monetary policy ; central bank ; financial regulation ; financial market ; currency substitution

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Dabrowski, Marek ; Janikowski, Lukasz
• Event: Veröffentlichung
• (who): Center for Social and Economic Research (CASE)
• (where): Warsaw
• (when): 2018

Further information

• Handle: http://hdl.handle.net/10419/227640
• Last update: 10.03.2025, 11:41 AM CET