Cryptocurrencies
Regular price
€38.99
A01=Dr Oonagh McDonald
A01=Oonagh McDonald
Age Group_Uncategorized
Age Group_Uncategorized
altcoins
Author_Dr Oonagh McDonald
Author_Oonagh McDonald
automatic-update
Binance
Bitcoin
blockchain
brokers
Cardano
cash
Category1=Non-Fiction
Category=KFF
Category=KFFJ
Category=KFFK
central bank digital currency
COP=United Kingdom
credit
crypto winter
decentralized finance
Delivery_Delivery within 10-20 working days
Diem
digital currencies
eq_bestseller
eq_business-finance-law
eq_isMigrated=2
eq_nobargain
eq_non-fiction
Ethereum
exchanges
financial governance
initial coin offerings
Language_English
Libra
Litecoin
money
PA=Available
Price_€20 to €50
PS=Active
Ripple
risk
softlaunch
stablecoins
Product details
- ISBN 9781788216395
- Dimensions: 156 x 234mm
- Publication Date: 28 Mar 2023
- Publisher: Edinburgh University Press
- Publication City/Country: GB
- Product Form: Paperback
- Language: English
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The advent of new digital currencies has challenged our notions about money, its function and purpose, and our faith in the financial and banking structures that underpin its legitimacy. Oonagh McDonald charts the spectacular rise of cryptocurrencies over the past decade and considers the opportunities and threats that cryptocurrencies pose to existing fiat currencies. This revised edition includes a new chapter dealing with the high-profile bankruptcies of the recent “crypto winter”.
The book considers how regulatory bodies have been slow to respond to a technology that is evading existing regulatory frameworks. Urgent and more robust protection is needed from fraudulent initial coin offerings, scams and hacks. Throughout her analysis, McDonald shows that trust is fundamental to the operation of finance and that this will ultimately protect commercial bank money from the threat of new digital currencies. The book offers readers an insightful appraisal of the future of money and the challenges facing regulatory bodies.
Oonagh McDonald CBE is an international expert in financial regulation. She has been a board member of the Financial Services Authority, the Investors Compensation Scheme, the General Insurance Standards Council and the Board for Actuarial Standards. She has also been a director of Scottish Provident, Skandia Insurance Company and the British Portfolio Trust. She was formerly a British Member of Parliament and was awarded a CBE in 1998 for services to financial regulation and business.
Her books include Fannie Mae and Freddie Mac: Turning the American Dream into a Nightmare (2013), Lehman Brothers: A Crisis of Value (2015) and Holding Bankers to Account (2019). She now lives in Washington DC, having been granted permanent residence on the grounds of “exceptional ability”.
