Syllabus
Students are required to follow the instructions and requirements specified in the course syllabus available at https://upces.cerge-ei.cz/academic-life/upces-courses-a-z Scroll for the UPCES Course List and click on the particular course for course description and syllabus.
Reading materials: the coordinators of the UPCES program will inform the enrolled students where to get them.
Annotation
This is one of the UPCES courses (the Undergraduate Program in Central European Studies); comprehensive information is available at https://bakalar.fhs.cuni.cz/SHV-211.html.
This course will consider the new phenomenon of digital currencies from a monetary and financial stability angle.
We will first look at the technological foundations of cryptocurrencies, and then we will discuss challenges related to the issuance of central bank digital currencies and stable coins. We will study central bank digital currencies that are in advanced stages and we will learn about their potential impact. We will discuss private efforts to issue stable coins (e.g. LIBRA) and discuss why they raise concerns of regulators