27 Feb '15, 6pm

Cryptocurrency round-up: Kim Dotcom gives 'bitcoin a boost' and BoE researches digital currency

From a monetary and financial stability point of view, what are the costs and benefits of making a new form of central bank money accessible to a wide range of holders? What would be the impact on existing payment and settlement systems? What are the implications for government-backed deposit insurance if central bank money is widely accessible by households and businesses? Should central bank issued digital currency balances be remunerated and if so, should remuneration be linked to the official monetary policy interest rate? How would the monetary policy transmission mechanism then be affected? If transactions balances could migrate to digital currency, how would banks compete? Would there be any implications for the availability of credit? What would be the costs and benefits of different central banks using a common platform for issuing digital currencies? What type of...

Full article: http://www.ibtimes.co.uk/cryptocurrency-round-kim-dotcom-...

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