Question: https://www.ecb.europa.eu/euro/html/digitaleuro.en.html https://www.ecb.europa.eu/euro/html/digitaleuro-report.en.html Read the ECB's report on a digital Euro (focus on the economics and not on the legal and technological aspects) andbriefly answer the
- https://www.ecb.europa.eu/euro/html/digitaleuro.en.html
- https://www.ecb.europa.eu/euro/html/digitaleuro-report.en.html
- Read the ECB's report on a digital Euro (focus on the economics and not on the legal and technological aspects) andbriefly answer the questions below:
-Advantages and disadvantages CBDC (Central Bank Digital Currency).
-How would that affect banks (balance sheet, for example)
-Differences CBDC and cryptocurrencies
-Risk of CBDC
-For the Euro area: why does the ECB want to implement this digital currency?
-In which ways could the digital currencies affect the monetary policies and the stability
of the monetary/banking system?
-Framework the ECB provides for the currency.
-In which ways could the digital euro affect exchange rates with foreign countries?
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