Virtual Currencies and Beyond : Initial Considerations /

New technologies are driving transformational changes in the global financial system. Virtual currencies (VCs) and the underlying distributed ledger systems are among these. VCs offer many potential benefits, but also considerable risks. VCs could raise efficiency and in the long run strengthen fina...

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Bibliographic Details
Main Author: He, Dong
Other Authors: Habermeier, Karl, Haksar, Vikram, Leckow, Ross
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2016.
Series:Staff Discussion Notes; Staff Discussion Notes ; No. 2016/003
Online Access:Full text available on IMF