Cryptocurrency and Current account: Difference between pages

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A cryptocurrency is a virtual digital currency based on cryptography and peer-to-peer networking, for example Bitcoin.
'' Economics. ''  
 
As used in the national balance of payments, that section which records all transactions in goods and services between one country and the rest of the world.
Sometimes known as 'crypto-assets', also written ''cryptoassets''.
 
 
:<span style="color:#4B0082">'''''Cryptocurrency, central bank digital currency (CBDC) & regulation'''''</span>
 
:"A CBDC would be fundamentally different to cryptocurrencies or cryptoassets.
 
:Cryptoassets combine new payments systems with new currencies that are not issued by a central bank...
 
:Our Financial Policy Committee has assessed cryptoassets and concluded that they do not currently pose a risk to monetary or financial stability in the UK. However, cryptoassets do pose risks to investors and anyone buying cryptoassets should be prepared to lose all their money...
 
:HMT’s proposed approach [is] for an overarching framework to bring crypto-assets into the scope of activities that are regulated – the ‘regulatory perimeter’."
 
:''Bank of England - CBDC versus cryptocurrency''
 


== See also ==
== See also ==
* [[Altcoin]]
* [[Capital account]]
* [[Bank of England]]
   
* [[Bitcoin]]
* [[Blockchain]]
* [[Central bank digital currency]] (CBDC))
* [[Crypto-assets]]
* [[Cryptography]]
* [[Digital currency]]
* [[Ether]]
* [[Fiat currency]]
* [[Financial Policy Committee]]
* [[Gold standard]]
* [[HM Treasury]]  (HMT)
* [[Libra]]
* [[Money]]
* [[Non-fungible token]]
* [[Ripple]]
 
 
===Other links===
[https://www.bankofengland.co.uk/research/digital-currencies Central bank digital currencies - Bank of England]


[[Category:Cash_management]]

Revision as of 14:19, 23 October 2012

Economics. As used in the national balance of payments, that section which records all transactions in goods and services between one country and the rest of the world.

See also