Data, Digitalization, Decentialized Finance and Central Bank Digital Currencies: The Future of Banking and Money

Published by De Gruyter 2023

Data, Digitalization, Decentialized Finance and Central Bank Digital Currencies

The Future of Banking and Money

Edited by: Andreas Dombret and Patrick S. Kenadjian

Volume 25 in the series Institute for Law and Finance Series

https://doi.org/10.1515/9783111002736

Overview
Contents

About this book

Central Bank, digital currency

What is the future of banking and money? The road passes through data and digitalization at all levels of activity, from personal banking through publicly and privately issued digital currencies. But who is winning and losing ground in the banking sector? Do we really need central bank digital currencies and how should they and private digital currencies be designed and regulated to yield the maximum benefits while reducing the obvious dangers? How should we regulate the new digital technologies? This book´brings you the answers of senior public sector officials, industry leaders and leading academics. It is the tenth title in the Institute for Law and Finance’s series on the future of the financial sector.

Explains the motivations behind and policy justifications for retail central bank digital currencies. Examines the promise of decentralized finance and blockchain technology.　

Author / Editor information

Andreas Dombret, Frankfurt am Main, Germany; Patrick S. Kenadjian, London, UK.

Topics

Frontmatter Publicly Available Download PDF	I
Foreword Publicly Available Download PDF	V
Preface Publicly Available Download PDF	VII
Contents Publicly Available Download PDF	XIII
Introduction Publicly Available Download PDF	XVII
The Authors Publicly Available Download PDF	XXI
Digital Currencies and the Soul of Money Agustín Carstens Publicly Available Download PDF	XXXI
I. Digitalization and Data: Can Incumbents Keep Up?
Time for the Heavyweights – How established Financial Institutions can succeed in the Digital Assets Market Christian Edelmann Requires Authentication Unlicensed Licensed Download PDF	1
Data-driven Innovation in Financial Services – Opportunities and Prerequisites Bernd Leukert Requires Authentication Unlicensed Licensed Download PDF	11
Banks in the Digital Space Wim Mijs Requires Authentication Unlicensed Licensed Download PDF	17
II. Technology and Regulation: Are we Focused on the Right Things?
Coordinating the regulatory approach to the new technology wave Ashley Alder Requires Authentication Unlicensed Licensed Download PDF	25
Who is afraid of the Blockchain? Towards a new EU Approach to Financial Regulation John Berrigan Requires Authentication Unlicensed Licensed Download PDF	31
Adapting to the Digitalization of Banking and Finance Michael J. Hsu Requires Authentication Unlicensed Licensed Download PDF	35
III. Central Bank Digital Currencies: Cui Bono?
The Case for and against CBDC – five Years later Ulrich Bindseil Requires Authentication Unlicensed Licensed Download PDF	45
The Digital Euro: Policy Implications and Perspectives Markus Brunnermeier and Jean-Pierre Landau Requires Authentication Unlicensed Licensed Download PDF	63
Central Bank Digital Currency: Is it really worth the Risk? Stephen G. Cecchetti and Kermit L. Schoenholtz Requires Authentication Unlicensed Licensed Download PDF	115
The Case for Central Bank Digital Currencies Andreas Dombret and Oliver Wünsch Requires Authentication Unlicensed Licensed Download PDF	123
On the Coming of Retail CBDCs: Public versus Private Money Patrick Kenadjian Requires Authentication Unlicensed Licensed Download PDF	139
Wholesale CBDC as a possible Option for providing a Safe and Efficient Settlement Asset for Future Financial Infrastructures Andréa Michaela Maechler Requires Authentication Unlicensed Licensed Download PDF	173
Theories and Practice of exploring China’s e-CNY Changchun Mu Requires Authentication Unlicensed Licensed Download PDF	179
Does Basel Dream of Electric Sheep? Prospects for the Development of Central Bank Digital Currencies Randal Quarles Requires Authentication Unlicensed Licensed Download PDF	191
IV. Decentralized Finance, Blockchain, Payment Systems, Tokens and Stablecoins, the Changing Rails of Banking and Commerce: In What do we Trust?
A Douse of Digital Cold Water Barry Eichengreen Requires Authentication Unlicensed Licensed Download PDF	199
Crypto Assets, CBDCs and Trust Stefan Ingves Requires Authentication Unlicensed Licensed Download PDF	207
Changing Landscape, Changing Supervision: Preserving Financial Stability in Times of Tech Revolution Steven Maijoor Requires Authentication Unlicensed Licensed Download PDF	213

(Deutsch)

Language: English
Publisher: De Gruyter
Audience: Legal financial specialists, bankers, corporate lawyers, ministries, academic institutions.
Pages
- Front matter: 40
- Main content: 216
Illustrations
- Illustrations: 2
- Coloured Illustrations: 4
Keywords: Digital Currencies; Central Bank

eBook

Published: March 6, 2023
ISBN: 9783111002736

Hardcover

Published: March 6, 2023
ISBN: 9783111001876