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Policy Article

Virtual Currencies

In-depth analysis requested by the European Parliament's ECON committee for the Monetary Dialogue of July 2018

Authors

  • Fiedler
  • S.
  • Gern
  • K.-J.
  • Stoppok
  • L.
  • Stolzenburg
  • U.
  • Herle
  • D.
  • Kooths
  • S.

Publication Date

Related Topics

Monetary Policy

European Union & Euro

Digitalization

Following a brief discussion of the characteristics of money, we provide an overview of virtual currencies describing relevant technological aspects and different use cases. Based on this, we derive implications for financial market regulations and monetary policy (with a focus on the possibility of central bank digital currencies).

Kiel Institute Experts

  • Dr. Klaus-Jürgen Gern
    Kiel Institute Researcher
  • Prof. Dr. Stefan Kooths
    Research Director

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