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Economic and Financial Review

Publisher

Central Bank of Nigeria

Keywords

Digital currencies, Monetary system, Central Bank Digital Currency

Abstract

This paper discusses the relevance and significance of digital currencies within the context of the monetary system. The next section presents a global picture of the emerging trends followed by challenges from different jurisdictions. The final section discusses the future of the monetary system as shaped by digital currencies.

Author Bio

Prof. Remi Ogun is a lecturer of the Department of Economics, University of Ibadan Nigeria.

Publication Title

CBN Economic and Financial Review

Issue

4

Volume

60

First Page

121

Last Page

131

Recommended Citation

Ogun, R. (2022). Digital Currencies: emerging trends, challenges and the future of the monetary system. CBN Economic and Financial Review, 60(4). 121 - 131.

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