Open AccessDigital currencies of central banks
Author(s) -
А. А. Ситник
Publication year - 2020
Publication title -
vestnik universiteta imeni o.e. kutafina (mgûa)/vestnik universiteta imeni o. e. kutafina
Language(s) - English
Resource type - Journals
eISSN - 2782-6163
pISSN - 2311-5998
DOI - 10.17803/2311-5998.2020.73.9.180-186
Subject(s) - digital currency , paragraph , cryptocurrency , position (finance) , circulation (fluid dynamics) , central bank , business , virtual currency , currency , financial system , foreign exchange , commerce , economics , finance , monetary economics , monetary policy , computer science , computer security , engineering , aerospace engineering , world wide web
This paragraph is devoted to the consideration of issues related to the possible introduction of central banks digital currencies. In particular, it analyzes the theory of private money, the concept of cryptocurrencies, features of the issue of funds, as well as the practice of central banks of foreign countries on the development and implementation of digital currencies in the financial system, the position of the Bank of Russia on this issue, identifies the advantages and disadvantages of the circulation of central banks digital currencies.