Issue of Virtual Currency by the Central Bank: Monetary Policy and Legal-Economic Aspects in Recent Experience

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Milton Barossi Filho
Milton Barossi Filho
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Rachel Sztajn
Rachel Sztajn

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GJHSS Volume 23 Issue E2

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Indeed, central bank digital currency issues is a no return way. International experiences on assessing this possibility have been increasing, mainly on designing devices for future purposes and also demonstrate deep concern with this issue. Based on macroeconomic models, this paper aims to discuss how central bank digital currency issues impact monetary policy and how regulation has coped with this still unknown innovation. Furthermore, it is also our aim to discuss if a recent Brazilian regulation law takes appropriately virtual money issues into account.

Funding

No external funding was declared for this work.

Conflict of Interest

The authors declare no conflict of interest.

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No ethics committee approval was required for this article type.

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Not applicable for this article.

Milton Barossi Filho. 2026. \u201cIssue of Virtual Currency by the Central Bank: Monetary Policy and Legal-Economic Aspects in Recent Experience\u201d. Global Journal of Human-Social Science - E: Economics GJHSS-E Volume 23 (GJHSS Volume 23 Issue E2): .

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Alt text: Academic journal cover on virtual currency, monetary policy, and legal-economic aspects.
Issue Cover
GJHSS Volume 23 Issue E2
Pg. 43- 50
Journal Specifications

Crossref Journal DOI 10.17406/GJHSS

Print ISSN 0975-587X

e-ISSN 2249-460X

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GJHSS-E Classification: JEL Codes: E42, E52, K23
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v1.2

Issue date

July 3, 2023

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English

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Indeed, central bank digital currency issues is a no return way. International experiences on assessing this possibility have been increasing, mainly on designing devices for future purposes and also demonstrate deep concern with this issue. Based on macroeconomic models, this paper aims to discuss how central bank digital currency issues impact monetary policy and how regulation has coped with this still unknown innovation. Furthermore, it is also our aim to discuss if a recent Brazilian regulation law takes appropriately virtual money issues into account.

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Issue of Virtual Currency by the Central Bank: Monetary Policy and Legal-Economic Aspects in Recent Experience

Milton Barossi Filho
Milton Barossi Filho
Rachel Sztajn
Rachel Sztajn

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