Following a brief discussion of the characteristics of money, we provide an overview of virtual currencies describing relevant technological aspects and different use cases. Based on this, we derive implications for financial market regulations and monetary policy (with a focus on the possibility of central bank digital currencies).

Authors

Salomon Fiedler
Salomon Fiedler
Lucie Stoppok - Kiel Institute
Lucie Stoppok
Dennis Herle

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