Includes bibliographical references (pages 231-249) and index.
Contents
Introduction: Digital innovation in financial services : an overview of risks, benefits and use cases - DLTs, blockchain and distributed ledgers : scope, definitions and headline legal and regulatory issues - Cash and cash alternatives as retail payment media : state of play and scope for digital innovation-driven alternatives - Virtual currencies as retail payment media : core legal issues - Use cases of digital innovation in the financial services field : DLT-enabled smart contracts, instant payments and their legal aspects - DLTs and their application in securities issuances, clearing and settlement : risks, benefits and legal challenges - Digital innovation, central banks and monetary policy : the case of central bank-issued digital currencies - Epilogue: Financial services in the twenty-first century : what future for DLTs, blockchain and virtual currencies?.