Will Central Banks Start Issuing Cryptocurrencies?
|Year of publication||2018|
|Type||Article in Proceedings|
|Conference||Carpe Scientam - Proceedings of the Conference|
|MU Faculty or unit|
|Keywords||Central bank digital currency; reserves; deposit money; cash; utility settlement coin; central banks; monetary policy.|
|Description||Just recently, several central banks and large commercial banks considered issuance of own cryptocurrencies. Several central banks' stated that they might start issuing central bank digital currency. In this paper, the author presented theoretical classification of the two new types of money, showed differences between them, and pondered the probability of their realization.|