The Currency Design Act
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Affairs and Coinage
Publisher:
Published: 1985
Total Pages: 118
ISBN-13:
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The Currency Design Act
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Affairs and Coinage
Publisher:
Published: 1984
Total Pages: 120
ISBN-13:
DOWNLOAD EBOOK →The Currency Design Act
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Affairs and Coinage
Publisher:
Published: 1985
Total Pages: 0
ISBN-13:
DOWNLOAD EBOOK →Legal Aspects of Central Bank Digital Currency: Central Bank and Monetary Law Considerations
Author: Wouter Bossu
Publisher: INTERNATIONAL MONETARY FUND
Published: 2020-11-20
Total Pages: 51
ISBN-13: 9781513561622
DOWNLOAD EBOOK →This paper analyzes the legal foundations of central bank digital currency (CBDC) under central bank and monetary law. Absent strong legal foundations, the issuance of CBDC poses legal, financial and reputational risks for central banks. While the appropriate design of the legal framework will up to a degree depend on the design features of the CBDC, some general conclusions can be made. First, most central bank laws do not currently authorize the issuance of CBDC to the general public. Second, from a monetary law perspective, it is not evident that “currency” status can be attributed to CBDC. While the central bank law issue can be solved through rather straithforward law reform, the monetary law issue poses fundmental legal policy challenges.
Designing Central Bank Digital Currencies
Author: Mr.Itai Agur
Publisher: International Monetary Fund
Published: 2019-11-18
Total Pages: 38
ISBN-13: 1513519883
DOWNLOAD EBOOK →We study the optimal design of a central bank digital currency (CBDC) in an environment where agents sort into cash, CBDC and bank deposits according to their preferences over anonymity and security; and where network effects make the convenience of payment instruments dependent on the number of their users. CBDC can be designed with attributes similar to cash or deposits, and can be interest-bearing: a CBDC that closely competes with deposits depresses bank credit and output, while a cash-like CBDC may lead to the disappearance of cash. Then, the optimal CBDC design trades off bank intermediation against the social value of maintaining diverse payment instruments. When network effects matter, an interest-bearing CBDC alleviates the central bank's tradeoff.
Counterfeit Deterrent Features for the Next-Generation Currency Design
Author: National Research Council
Publisher: National Academies Press
Published: 1993-02-01
Total Pages: 144
ISBN-13: 0309050286
DOWNLOAD EBOOK →Traditionally, counterfeit deterrent features restricted counterfeiting to only the dedicated craftsman. With the advent of highly sophisticated reprographic systems, this is no longer true. Redesign of U.S. banknotes is necessary in order to incorporate additional features aimed at discouraging counterfeiting using advanced copiers-scanners-printers. This volume evaluates a large number of such features while recommending a comprehensive national strategy for anticipating and responding to counterfeiting threats.
Currency Features for Visually Impaired People
Author: National Research Council
Publisher: National Academies Press
Published: 1995-02-18
Total Pages: 139
ISBN-13: 0309051940
DOWNLOAD EBOOK →The Committee on Currency Features for the Visually Impaired evaluated features that could be incorporated in the production of U.S. banknotes that would enable blind and visually disabled people to more easily determine the denomination of a banknote. This volume describes several features and the assessment methodology used to determine which features could be recommended for inclusion in the short term, which could be recommended for research and possible inclusion in future currency redesigns, and which features were impractical for use in U.S. banknotes. Also included is an outline of the various types of visual disabilities that impair an individual's ability to denominate banknotes. Recommended features and areas of research are described in detail. Banknote and other security document producers, and people interested in addressing needs and opportunities for visually disabled people in the United States will find this book useful.
Congressional Record
Author: United States. Congress
Publisher:
Published: 1985
Total Pages: 1938
ISBN-13:
DOWNLOAD EBOOK →The Congressional Record is the official record of the proceedings and debates of the United States Congress. It is published daily when Congress is in session. The Congressional Record began publication in 1873. Debates for sessions prior to 1873 are recorded in The Debates and Proceedings in the Congress of the United States (1789-1824), the Register of Debates in Congress (1824-1837), and the Congressional Globe (1833-1873)
Harnessing Digitization for Remittances in Asia and the Pacific
Author: Asian Development Bank
Publisher: Asian Development Bank
Published: 2021-07-01
Total Pages: 74
ISBN-13: 9292629638
DOWNLOAD EBOOK →Remittances are considered a lifeline of developing countries and are especially vital for migrants and their families. Digital data technology can help alleviate many of the “pain-points” in the remittances industry. For example, it can significantly enhance the convenience, speed, security, and affordability of sending and receiving remittances. This report discusses the importance of remittances in Asia and the Pacific, the key challenges faced by the industry, and the impacts of the coronavirus disease (COVID-19 pandemic. It also includes country case studies that demonstrate the benefits of digitization and makes recommendations on how the digitization of remittances across the region can be further advanced.
The Rise of Digital Money
Author: Mr.Tobias Adrian
Publisher: International Monetary Fund
Published: 2019-07-15
Total Pages: 20
ISBN-13: 1498324908
DOWNLOAD EBOOK →This paper marks the launch of a new IMF series, Fintech Notes. Building on years of IMF staff work, it will explore pressing topics in the digital economy and be issued periodically. The series will carry work by IMF staff and will seek to provide insight into the intersection of technology and the global economy. The Rise of Digital Money analyses how technology companies are stepping up competition to large banks and credit card companies. Digital forms of money are increasingly in the wallets of consumers as well as in the minds of policymakers. Cash and bank deposits are battling with so-called e-money, electronically stored monetary value denominated in, and pegged to, a currency like the euro or the dollar. This paper identifies the benefits and risks and highlights regulatory issues that are likely to emerge with a broader adoption of stablecoins. The paper also highlights the risks associated with e-money: potential creation of new monopolies; threats to weaker currencies; concerns about consumer protection and financial stability; and the risk of fostering illegal activities, among others.
