Virtual currencies, distributed ledgers and the future of financial services
Scherrer, Christoph ; Abernathy, Elizabeth
Intereconomics. Review of European Economic Policy
2017
52
6
November - December
370-378
currency ; digital economy ; digitalisation ; financial system ; regulation
Financing and monetary policy
https://doi.org/10.1007/s10272-017-0706-3
English
Charts
"The phenomenon of virtual currencies has to be distinguished from the underlying distributed ledger technologies. Bitcoin and other cryptocurrencies need to be subject to strict financial regulation and supervision to ensure investor protection. At the same time, distributed ledger technologies will shape the future of the financial services in many respects. The disruptive potential is illustrated for selected financial products and processes."
Digital;Paper
The ETUI is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the ETUI.