Digital Currencies: Powerful Tools for Central Banks
Today, we are launching a new project on digital currencies.
Over the next weeks and months we will investigate different types of cryptocurrencies and consider their benefits and potential downsides to financial institutions, central banks and the real economy.
We will discuss regulatory hurdles, explain digital payments systems, and look at distributed ledger technology.
We will also be speaking to central bankers and blockchain developers, commercial and investment bank experts, fintech visionaries and other stakeholders who will play a role in shaping the future of cryptocurrencies.
In the first part of this new project, which we are publishing in collaboration with law firm Baker McKenzie, we are examining why central banks are looking seriously at creating digital versions of fiat money. The article explains how the issuance of digital currencies will provide central banks with a new powerful tool that will give them unprecedented control over economies and markets.
Upcoming pieces in the series will include interviews, videos, animations, infographics and more.
In the meantime, please head over to our partner’s website to read our first article, “Digital Currencies: Life after Quantitative Easing”.
We hope you will find this new article series interesting. As ever, we would be delighted to hear your thoughts. You can get in touch using our contacts form. For social media, we recommend the hashtag #cryptocurrencies.