Five digital currency questions for central banks

Central bankers need to take a view on the ongoing disruption to monetary systems, argues Adam Csabay

Digital currency

The clamour over crypto assets may have declined in volume throughout 2018 in line with the assets’ plummeting prices, but the debate continues to have major repercussions for core aspects of central banking.

During the course of their brief history, crypto assets, most infamously bitcoin, have faced a wide range of central bank responses: from prohibition to indifference to acceptance. The assets are small as a proportion of the financial system, and the Financial Stability Board has declared

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account