The implications of digital currencies for monetary policy

15-05-2017

Numerous digital currencies have emerged over the past few years. This entirely new form of money has the potential to play a significant role in the payments landscape of the future. This note provides an overview of the current relevance of digital currencies and assesses their impact on the ability of central banks to continue to implement monetary policy effectively.

Numerous digital currencies have emerged over the past few years. This entirely new form of money has the potential to play a significant role in the payments landscape of the future. This note provides an overview of the current relevance of digital currencies and assesses their impact on the ability of central banks to continue to implement monetary policy effectively.