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Central bank cryptocurrencies

BIS Quarterly Review, September 2017 55 Central bank cryptocurrencies1 New cryptocurrencies are emerging almost daily, and many interested parties are wondering whether Central banks should issue their own versions. But what might Central bank cryptocurrencies (CBCCs) look like and would they be useful? This feature provides a taxonomy of money that identifies two types of CBCC retail and wholesale and differentiates them from other forms of Central bank money such as cash and reserves.

New cryptocurrencies are emerging almost daily, and many interested parties are wondering ... report sought to provide a definition of the new class of currencies represented by bitcoin and altcoins (alternatives to bitcoin) that had emerged using the same ... 7 In the Middle Ages, payments at times required the services of a money changer to ...

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