Circular economy and Cryptocurrency: Difference between pages

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In a circular economy, the value of products and materials is maintained for as long as possible.  
A cryptocurrency is a virtual digital currency based on cryptography and peer-to-peer networking, for example Bitcoin.


Waste and resource use are minimised, and when a product reaches the end of its life, it is used again to create further value.


Sometimes known as 'crypto-assets', also written ''cryptoassets''.


This may involve breaking up the original product to extract and recover reusable materials contained in it.
Regulators and some commentators prefer these terms, as a reminder that cryptoassets are not currencies in the traditional sense.




Ideally, the second and subsequent lives of products are designed into them from the outset.
:<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 ==
* [[Access economy]]
* [[Altcoin]]
* [[Ecycling]]
* [[Bank of England]]
* [[Recommerce]]
* [[Bitcoin]]
* [[Reverse logistics]]
* [[Blockchain]]
* [[Sustainability]]
* [[Blockchain Governance Initiative Network]] (BGIN)
* [[Upcycling]]
* [[Central bank digital currency]]  (CBDC))
* [[Centralised finance]]  (CeFi)
* [[Cryptoassets]]
* [[Cryptocurrency mining]]
* [[Cryptography]]
* [[Currency]]
* [[Decentralised finance]]  (DeFi)
* [[Digital currency]]
* [[Ether]]
* [[Fiat currency]]
* [[Financial Policy Committee]]
* [[Gold standard]]
* [[HM Treasury]]  (HMT)
* [[Libra]]
* [[Money]]
* [[Non-fungible token]]
* [[Regulation]]
* [[Ripple]]
* [[Virtual currency]]
 
 
==External link==
[https://www.bankofengland.co.uk/research/digital-currencies Central bank digital currencies - Bank of England]


[[Category:The_business_context]]
[[Category:Cash_management]]
[[Category:Ethics]]

Revision as of 17:21, 10 February 2023

A cryptocurrency is a virtual digital currency based on cryptography and peer-to-peer networking, for example Bitcoin.


Sometimes known as 'crypto-assets', also written cryptoassets.

Regulators and some commentators prefer these terms, as a reminder that cryptoassets are not currencies in the traditional sense.


Cryptocurrency, central bank digital currency (CBDC) & regulation
"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


External link

Central bank digital currencies - Bank of England

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