Regulatory Working Group (RWG)
Task Force: “Central Banks, Digital Currencies and Monetary Policy – CBDC & MP”
Athanasios Ladopoulos, Task Force Leader.
“This paper is part of a series of papers on central banks, digital currencies and monetary policy. We kick off our journey by examining the economic framework of crypto currencies and briefly addressing relevant issues, opportunities and threats, as well as shedding light on how Central Banks, Retail Banks, Governments and their constituents could be affected. While cryptocurrencies are becoming the evolutionary step of paper money, digital currencies have been in use for some time now, for example in interbank lending and electronic accounts for major financial institutions. However, when it comes to retail banking and more specific the public, digital currencies are destined to change the way we interact with money…”