Central Bank Digital Currencies

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A01=Michael Lloyd
Author_Michael Lloyd
blockchain
Category=KCBM
Category=KFF
Category=KFFF
Category=KFFK
Central Banks
cross-border payments
cryptocurrencies
Digital euro
digital pound
distributed ledger technology
eq_bestseller
eq_business-finance-law
eq_isMigrated=1
eq_isMigrated=2
eq_nobargain
eq_non-fiction
monetary policy
private and public currencies
retail CBDC
Stablecoins
wholesale CBDC

Product details

  • ISBN 9781788216326
  • Dimensions: 156 x 234mm
  • Publication Date: 08 Jun 2023
  • Publisher: Edinburgh University Press
  • Publication City/Country: GB
  • Product Form: Paperback
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The advent of digital stablecoins and the continuing decline of cash are prompting central banks across the world to explore developing their own digital currencies. Although few have launched so far, the potential for central bank digital currency (CBDC) promises a revolution in banking. Michael Lloyd considers the opportunities and threats that the arrival of CBDCs will have for commercial banking and the world’s monetary system. The choices facing central banks regarding the use, design and technology of digital currencies are examined as well as the potential impacts on consumer security and privacy.
Michael Lloyd is a Senior Research Fellow at the international affairs think tank, the Global Policy Institute, and a visiting fellow at Newcastle University. His books include The Euro and the UK (2009) and Federal Central Banks (coauthor) (2018).

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