Central bank digital currencies are engendering concern. As understanding of CBDCs is very limited, further research warranted which will focus not only on the economic rationale but also how they impact monetary policy transmission, financial and price stability, inflation targeting, unconventional instruments, central banks as lenders last resort, provision forward guidance. There unsettled q...

Abstract Stablecoins are second generation cryptocurrencies, aimed at maintaining their value stable with respect to official currencies. The most famous example is perhaps represented by libra, the cryptocurrency announced Facebook in 2019 and yet be issued; widespread tether, a market capitalization of almost 10 billion dollars daily transaction volume 50 dollars, which makes it used cryptocu...

The purpose of the study is to analyze international and national legal regulation digital currencies circulation at present stage, assess state crime with illegal use these assets, identify features investigating such crimes substantiate proposals aimed improving legislation law enforcement practice. following methods were used in research: normative comparative – analysis practice seizure con...

Describing digital value is not an obvious task. Simplistic methods of using numbers to describe currencies soon run into shortcomings in their ability to handle a dynamic and divergent financial system. A system is described that encompasses the inherent contractual nature of the financial instrument, but copes with the need for unique identifiers.

The rise of digital currencies challenges practices monetary sovereignty and impacts the international order. Drawing on recent IPE debates about public-private nature money, critique “impossible trinity” “territorial currencies,” this article explores competition between China United States over within system. two largest economies display strikingly divergent regulatory approaches to cryptocu...