Central Bank Digital Currency: A Technical, Legal and Economic Analysis
Autor Leo Krieseen Limba Engleză Hardback – noi 2023
The book introduces a basic understanding of innovative technologies such as the distributed ledger technology. It shows how a system of money can be created and what roles each participant has. Taking an economic point of view, the book demonstrates the monetary policy in the euro area and examines how a digital version of public money could affect the transmission mechanism as well as the financial stability. Could CBDC lead to a "digital bank run"? Could it replace the established financial intermediaries such as banks? What would that mean to the economy?
Mainly, the book focuses on the legal issues of CBDC. Which is the competent institution for establishing digital public money? Will digital money change the way of how we handle financial data? Also, the book examines the legal usability of CBDC in the economy. How can digital money based on innovative technologies be transferred in accordance with the law? Can a debtor of a monetary claim flee into the digital currency?
This book addresses the public and private sector participants as well as the legislators on how to handle CBDC. Most important, the book addresses everyone interested in digitisation and innovative financial technology who wants to gain a deeper understanding of the next big evolvement of money.
Preț: 792.93 lei
Preț vechi: 1043.32 lei
-24% Nou
Puncte Express: 1189
Preț estimativ în valută:
151.73€ • 160.23$ • 126.27£
151.73€ • 160.23$ • 126.27£
Carte disponibilă
Livrare economică 19-25 decembrie
Livrare express 06-12 decembrie pentru 78.08 lei
Preluare comenzi: 021 569.72.76
Specificații
ISBN-13: 9783031447372
ISBN-10: 3031447379
Pagini: 220
Ilustrații: XII, 220 p.
Dimensiuni: 155 x 235 mm
Greutate: 0.56 kg
Ediția:1st ed. 2023
Editura: Springer Nature Switzerland
Colecția Springer
Locul publicării:Cham, Switzerland
ISBN-10: 3031447379
Pagini: 220
Ilustrații: XII, 220 p.
Dimensiuni: 155 x 235 mm
Greutate: 0.56 kg
Ediția:1st ed. 2023
Editura: Springer Nature Switzerland
Colecția Springer
Locul publicării:Cham, Switzerland
Cuprins
Part i: Understanding the notion of central bank digital currency.- Chapter 1: Terminology and motives for central bank digital currency.- Chapter 2: Technical design.- Part ii: Analysing the legal aspects of central bank digital currency.- Chapter 3: Monetary constitutional law.- Chapter 4: Roles of the parties involved.- Chapter 5: Status as legal tender.- Chapter 6: Aspects of fundamental rights.- Chapter 7: Private law.- Part iii: Analysing the economic aspects of central bank digital currency.- Chapter 8: Economic implications of central bank digital currency.- Chapter 9: Monetary policy.- Part iv: Conclusion.- Chapter 10: A milestone in the history of means of payment.- Appendix: Draft proposal for a regulation on the digital euro.
Notă biografică
Leo Kriese studied law with a focus on public law at the Friedrich Schiller University of Jena. During his studies, he worked as a student assistant and, following his studies, as a research assistant at the Chair of Public Law, European Law, International Law and International Business Law of Prof. Dr. Christoph Ohler, LL.M. (Bruges) at the Friedrich Schiller University of Jena. For this book he had the opportunity to work with the European Commission, DG FISMA in Brussels.
Textul de pe ultima copertă
This book offers a deeper understanding of digitisation and innovative technologies in the financial sector. It focuses on a digital version of sovereignly created money that is accessible to the broad public. This central bank digital currency (CBDC) raises several questions. Will CBDC lead to public surveillance of the citizens? What is digital money in the legal sense? And what is the difference to already existing forms of digital money? This book addresses main questions associated with central bank digital currency by providing background information as well as in-depth analyses.
The book introduces a basic understanding of innovative technologies such as the distributed ledger technology. It shows how a system of money can be created and what roles each participant has. Taking an economic point of view, the book demonstrates the monetary policy in the euro area and examines how a digital version of public money could affect the transmission mechanism as well as the financial stability. Could CBDC lead to a "digital bank run"? Could it replace the established financial intermediaries such as banks? What would that mean to the economy?
The book introduces a basic understanding of innovative technologies such as the distributed ledger technology. It shows how a system of money can be created and what roles each participant has. Taking an economic point of view, the book demonstrates the monetary policy in the euro area and examines how a digital version of public money could affect the transmission mechanism as well as the financial stability. Could CBDC lead to a "digital bank run"? Could it replace the established financial intermediaries such as banks? What would that mean to the economy?
Mainly, the book focuses on the legal issues of CBDC. Which is the competent institution for establishing digital public money? Will digital money change the way of how we handle financial data? Also, the book examines the legal usability of CBDC in the economy. How can digital money based on innovative technologies be transferred in accordance with the law? Can a debtor of a monetary claim flee into the digital currency?
This book addresses the public and private sector participants as well as the legislators on how to handle CBDC. Most important, the book addresses everyone interested in digitisation and innovative financial technology who wants to gain a deeper understanding of the next big evolvement of money.
Caracteristici
Includes in-depth analyses on civil law nature of digital assets Provides a comprehensive review on the use of digital public money in monetary policy Provides background information to the rapidly expanding field of financial technology