Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

The Future of Inflation Part III: The final piece in our future of inflation series discusses how a move to an electronic money standard can lower the inflation target toward zero A world with lower ...

In a recent response to an EBA Q&A and with reference to existing ECJ case law, the European Commission has stated that the condition of acceptance in the definition of e-money in the second E-Money ...

Discussions around electronic money often focus on innovation at the instrument level: digital wallets, tokenised deposits, stablecoins, and central bank digital currencies. While these developments ...

Electronic cash refers to a broad category of money that exists solely in digital form and can be used to facilitate peer-to-peer transactions electronically. Unlike e-money, which typically involves ...

In this article I will explore the Electronic Money Directive (EMD) which emerged as a pivotal regulatory framework, guiding the operations of electronic money transactions across the globe. At the ...

E-money development has important yet theoretically ambiguous consequences for monetary policy transmission, because nonbank deposit-taking e-money issuers (EMIs) (e.g., mobile network operators) can ...

Digital money is an umbrella term that encompasses all forms of money that exist in digital format, whether centralized or decentralized. It refers to the digital representation of monetary value used ...