Central Bank Digital Currencies and the Global Financial System

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  • Central Bank Digital Currencies and the Global Financial System Book Detail

  • Author : Muhammad Ashfaq
  • Release Date : 2023-07-24
  • Publisher : Walter de Gruyter GmbH & Co KG
  • Genre : Business & Economics
  • Pages : 180
  • ISBN 13 : 3110982390
  • File Size : 27,27 MB

Central Bank Digital Currencies and the Global Financial System by Muhammad Ashfaq PDF Summary

Book Description: Central Bank Digital Currencies and Global Financial System: Theory and Practice is the perfect book for anyone interested in the impact of digital currencies on the global financial system, providing valuable insights and analysis on the topic. The topic of central bank digital currencies (CBDCs) is particularly relevant in 2023 because the use of digital currencies is rapidly growing around the world, and many central banks are exploring the idea of developing their own CBDCs. This book offers readers an opportunity to gain a better understanding of CBDCs, including their history, differences with cryptocurrencies, and the potential impact of CBDCs on the future of the financial system. The book’s didactic approach breaks down complex topics into easily digestible chapters, allowing readers to easily understand and follow the progression of digital currencies. For those interested in the future of digital currencies, the book offers a chapter on future research directions and concluding remarks. Central Bank Digital Currencies and Global Financial System: Theory and Practice is a must-read for anyone interested in the intersection of finance and technology. By exploring the evolution of digital currencies and their impact on the global financial system, this book provides valuable insights for policymakers, financial professionals, and anyone looking to understand the future of money.

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The global financial landscape is on the brink of a monumental shift. Central Bank Digital Currencies (CBDCs) promise to revolutionize the way we think about mo