Digital Assets and the Law

ISBN-13: 9781032192277 / Twarda / 2024 / 384 str.

Opis

This book explores the intricacies of digital assets, with a historical, technical and financial introduction. It considers the changing role of central banking and monetary economics in the upcoming era. It focuses on the broad legal issues arising from the new digital landscape, exploring forward-thinking solutions and policies for future.

Spis treści

Part I: Overview;  1. A History of Central Bank Digital Currency and the Money Monopoly;  2. The Technological Factor in the Conception of Central Bank Digital Currencies;  Part II: Central Banking and Monetary Economics in the Digital Currency Era;  3. Monetary Sovereignty in the Digital Currency Era;  4. Central Bank Digital Currencies: A New Nexus Between Central and Commercial Banks?;  5. Unlocking the Potential of Central Bank Digital Currencies for Developing Countries;  6. A Universal Stablecoin to Rule Them All?;  Part III: The Central Bank Digital Currencies in the Mirror;  7. Implications of the Digital Euro for Monetary Policy Transmission Outside the Euro Area;  8. Digital Euro: Issued by Commercial Banks, Digitally Transforming the Industry;  9. How To Design a Private and Compliant Central Bank Digital Currency?;  10. Beyond Central Bank Digital Currencies: Lessons from Japan’s experience;  Part IV: Digital Currency, Cryptocurrencies and Stablecoins: Fiat Money and Legal Tender Now;  11. The Applicable Laws to Cross-Border Payments in Central Bank Digital Currencies. The Late Lex Monetae or Long Live the Lex Monetae?;  12. ‘Legal tender’ and (Central Bank) Digital Currency: An Economic Law Analysis;  13. A European Central Bank Digital Currency Under German Law;  14. The Digital Loonie: The Legal Framework for A Central Bank Digital Currency in Canada and Beyond;  15. The Evolution of the Finality of Payment or ‘How RTGSes, Instant Payment Systems and DLT Platforms Change the Concept of Money’;  16. Central Bank Digital Currencies and the European Framework for Payments: Friends or Foes?;  17. The Digital Euro, the Stablecoins and the Banking Sector;  Part V: Towards the Uncharted Times of the Digital Assets Era;  18. Decentralised Finance and Capital Markets Regulation;  19. Central Bank Digital Currencies: What future for banks and other financial intermediaries?;  20. Beyond Digital Assets: What is Next for Money and Payments?

O autorze

Filippo Zatti is an associate professor in economic law at the University of Florence. He leads a working group called BABEL, which focuses on Blockchains and Artificial Intelligence for Business, Economics, and Law.

Rosa Giovanna Barresi is a lawyer focusing on corporate and financial law. She teaches at the University of Florence’s School of Economics and Management as an adjunct professor for the Lab in Cryptoassets.