Digital Currencies: emerging trends, challenges and the future of the monetary system

Authors

Ngozi E. Egbuna, West African Monetary Institute

Publisher

Central Bank of Nigeria

Keywords

Digital currencies, Monetary system, Central Bank Digital Currency

Abstract

This paper discusses the nature and types, trends, prospects and benefits, challenges and demerits of digital currencies, as well as, the link between digital currencies and the monetary system.

Author Bio

Ngozi E. Egbuna, PhD is the Former Director General, West African Monetary Institute, Ghana.

Publication Title

CBN Economic and Financial Review

Issue

4

Volume

60

First Page

97

Last Page

119

Recommended Citation

Egbuna, N.E. (2022). Digital Currencies: emerging trends, challenges and the future of the monetary system. CBN Economic and Financial Review, 60(4). 97 - 119.