Publication details
Central Bank Digital Currency - the Latest Challenge for the Theory of Monetary Law
| Authors | |
|---|---|
| Year of publication | 2018 |
| Type | Article in Proceedings |
| Conference | Optimizations of Organization and Legal Solutions Concerning Public Revenues and Expenditures in Public Interest |
| MU Faculty or unit | |
| Citation | |
| Web | Open access sborníku |
| Doi | http://dx.doi.org/10.15290/oolscprepi.2018.28 |
| Keywords | Central bank digital currency; cash; deposit money; reserves; central banks; monetary law; monetary policy |
| Attached files | |
| Description | In the last few years, several central banks from the large economies, such as Bank of England, Sveriges Riksbank, Bank of Canada, ECB or Central Bank of Russian Federation, considered issuance of a new type of money – central bank digital currency. The monetary law theory distinguishes between three currently existing types of money, i.e. cash, deposit money and reserves. Each of these types has a special variation of features that makes them unique. The monetary law theory, however, has not carry out complex theoretical analysis of the central bank digital currency. In this paper, the author presented a core theoretical classification of the new type of money – the central bank digital currency. |