Bericht
Central bank digital currency
Central banks have traditionally issued cash to the general public. With digitalisation, banknotes are becoming a technically outdated payment instrument, and some central banks have explored the possibility of central bank-issued electronic money applicable to retail payments. Electronic central bank money would offer the public the possibility to hold central bank money in a potentially cashless future. In its present form, blockchain technology would probably not be a suitable solution, since it is unable to process a sufficiently large number of transactions. Electronic central bank money would potentially have significant implications for other areas of central bank policy, which should be meticulously analysed.
- Language
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Englisch
- Bibliographic citation
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Series: BoF Economics Review ; No. 5/2017
- Classification
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Wirtschaft
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Central Banks and Their Policies
Monetary Systems; Standards; Regimes; Government and the Monetary System; Payment Systems
- Subject
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money
central banks
- Event
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Geistige Schöpfung
- (who)
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Grym, Aleksi
Heikkinen, Päivi
Kauko, Karlo
Takala, Kari
- Event
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Veröffentlichung
- (who)
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Bank of Finland
- (where)
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Helsinki
- (when)
-
2017
- Handle
- Last update
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10.03.2025, 11:43 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Grym, Aleksi
- Heikkinen, Päivi
- Kauko, Karlo
- Takala, Kari
- Bank of Finland
Time of origin
- 2017
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