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The purpose of this paper is (i) to analyse and explain domestic retail CBDCs in detail, and (ii) to assess whether the creation of CBDCs poses a threat to the US dollar as the key currency of the international monetary and financial system.
Concurrences Review, Wolfgang Kerber, September 2021, N° 3-2021. Click here to read the full article online. From the ’rules vs. standard’ approach the DMA proposal of the EU Commission, which requires that all gatekeepers have to comply with the same set of obligations with regard to all core platform services, can be seen as a strict per ...
Jan 1, 2023 · A retail CBDC can be seen as a technologically advanced, digital form of central bank money (Carstens, 2021), and here specifically a digital representation of cash in the form of a digital banknote (Group of Central Bank, 2020).
Abstract. The evaluation of how (human) individuals perceive robots is a central issue to better understand human–robot interaction (HRI). On this topic, promising proposals have emerged.
a “rules vs. standard” perspective 1. The “rules vs. standards” approach: A brief overview 4. The basic idea of the “rules vs. standard” approach in law and economics is that a legislator can either decide on rules which allow or prohibit a certain behaviour, and only have to be directly enforced, or on the establishment
Jan 1, 2021 · Taming Tech Giants with a Per-Se Rules Approach? The Digital Markets Act from the "Rules vs. Standard" Perspective. January 2021. SSRN Electronic Journal. DOI: 10.2139/ssrn.3861706. Authors:...
Dec 1, 2022 · This paper examines the multifaceted impact of digital currencies on regulatory frameworks, cross-border transaction efficiency, and their integration into mainstream financial systems, and the trends in digital currency adoption and the potential for their integration with traditional financial systems. Expand.
