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Digital Currencies: Principles, Trends, Opportunities, and Risks

date Date: October 1, 2015
date Author(s): Paolo Tasca
date Affiliation: Deutsche Bundesbank
Abstract

The report describes the ongoing innovations in the financial sector brought about by digital currencies from a multi-level perspective: systemic, technical, legal, and industrial. The report extensively covers the current trends in the domain, in order to give the reader a quantitative understanding of the potential opportunities and risks arising from the global adoption of digital currencies.


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