- AutorIn
- Fabian Teichmann
- Marie-Christin Falker
- Titel
- Will Digital Currencies Replace Cash?
- Untertitel
- Digital, Currency, Privacy and Surveillance
- Zitierfähige Url:
- https://nbn-resolving.org/urn:nbn:de:bsz:15-qucosa2-708130
- Quellenangabe
- Compliance Elliance Journal - 6 (2020),1, Compliance in Unprecedented Times
Erscheinungsjahr: 2020
Jahrgang: 6
Heft: 1
Seiten: 51-73 - Erstveröffentlichung
- 2020
- Abstract (EN)
- In some nations, including Sweden and South Korea, cash payments are becoming increasingly uncommon. Other nations, such as Germany, continue to predominantly prefer cash. At the same time, digital currency is on the rise, and the announced launch of Facebook’s stablecoin Libra, in particular, has caused a debate around digital money. In response, a number of central banks have begun to consider launching their own versions of digital currency. This article analyzes characteristics of both cash and digital currency and illustrates advantages as well as disadvantages of digital money and a cashless society. In particular, privacy concerns regarding digital cash are addressed. In addition, compliance risks are highlighted, and it is deliberated whether the introduction of digital cash could lead to a decrease in crime related to cash and cryptocurrencies.
- Freie Schlagwörter (DE)
- Corona Pandemie, Covid-19, Compliance
- Freie Schlagwörter (EN)
- coronavirus pandemic, covid-19, compliance
- Klassifikation (DDC)
- 343
- Publizierende Institution
- Universität Leipzig, Leipzig
- University of Miami, Miami
- Version / Begutachtungsstatus
- angenommene Version / Postprint / Autorenversion
- URN Qucosa
- urn:nbn:de:bsz:15-qucosa2-708130
- Veröffentlichungsdatum Qucosa
- 13.05.2020
- Dokumenttyp
- Artikel
- Sprache des Dokumentes
- Englisch