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Digital Currencies and Central Banks
Abstract
The essay examines digital currencies as private money and Central Bank Digital Currencies. At the moment, the scope of purchase of digital money is predominantly the one of earnings expectation. Pursuant to article 1277 of Italian Civic Code, monetary obligations are discharged by means of currency which is legal tender in the country at the time of payment, for its nominal value. Contracts having digital currency as object are aleatory as a result of the intent of the parties. Legislators don’t forbid the use of digital currencies, whose diffusion at the present moment is limited. Scope of the assessments of central banks is the protection of monetary sovereignty.
Keywords
- Digital Currency
- Central Bank Digital Currency
- Monetary Sovereignty