CHAPTER 22

The Future of Money: CBDCs, Tokenisation and AI

Where currencies and crypto are heading

Opening question

“Will crypto replace currencies?”

In this chapter

Why money is changing form again, and what stays the same
Central bank digital currencies: retail and wholesale, and the design choices behind them
Tokenisation of bonds, funds and other real-world assets
Stablecoins, their regulation and their business model
Faster and cheaper cross-border payments, with a remittance example for Vietnam
New tools from artificial intelligence and data, and new risks
Whether crypto will replace national currencies
The principles that tie the whole book together

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This chapter is in the full book

Chapter 1 is free to read online. The full text of chapter 22 — with its tables, figures, worked examples and practice lab — is available in the complete edition of Forex and Crypto Investing: From Theory to Practice (Volume 3, NXW Investment Library).

Read Chapter 1 free Get the full book — [email protected]

Sections of this chapter

22.1 Money is changing form again

22.2 Central bank digital currencies

22.3 Designing a CBDC: the hard choices

22.4 Tokenisation of real-world assets

22.5 Stablecoins: private digital dollars

22.6 Faster and cheaper cross-border payments

22.7 AI and data: new tools, new risks

22.8 Will crypto replace currencies?

22.9 Principles that will last

22.10 Conclusion: from theory to practice

← Chapter 21: Risks, Regulation, Scams and Behaviour