Tokenized Finance and Monetary Law: The Evolving Role of the Central Bank in the Age of Digital Currency

dc.contributor.advisorPuri, Poonam
dc.contributor.authorOlowookere, Odunayo Emmanuel
dc.date.accessioned2023-03-28T21:13:39Z
dc.date.available2023-03-28T21:13:39Z
dc.date.copyright2022-08-24
dc.date.issued2023-03-28
dc.date.updated2023-03-28T21:13:38Z
dc.degree.disciplineLaw
dc.degree.levelMaster's
dc.degree.nameLLM - Master of Laws
dc.description.abstractThis thesis attempts to examine the motivations of the central bank and the state in the adoption of a sovereign-backed Central Bank Digital Currency (CBDC). We sought to answer the question- of what central bank roles will be most affected by the adoption of a sovereign-backed digital currency. Since any motivations for the adoption of this new form of currency are sure to reflect in its eventual design, we argue that without the intervention of the law at this crucial design stage, any such currency is very likely to be unfavorable to the money users. We justify this by investigating the role played by the law in guiding the evolutionary trajectory of the central bank and monetary affairs generally. Our investigation revealed that money and the law evolved alongside economic development and the inherent complexities in trade and exchange.
dc.identifier.urihttp://hdl.handle.net/10315/40961
dc.languageen
dc.rightsAuthor owns copyright, except where explicitly noted. Please contact the author directly with licensing requests.
dc.subjectLaw
dc.subjectEconomic theory
dc.subjectInformation technology
dc.subject.keywordsMonetary law
dc.subject.keywordsLaw and economics
dc.subject.keywordsCentral Bank Digital Currency
dc.subject.keywordsCBDC
dc.subject.keywordsDigital currency
dc.subject.keywordsMonetary sovereignty
dc.subject.keywordsDecentralized finance
dc.subject.keywordsFinancial disintermediation
dc.subject.keywordsBlockchain
dc.subject.keywordsSmart contracts
dc.subject.keywordsCryptocurrency
dc.subject.keywordsVirtual currency
dc.subject.keywordsMonetary policy
dc.titleTokenized Finance and Monetary Law: The Evolving Role of the Central Bank in the Age of Digital Currency
dc.typeElectronic Thesis or Dissertation

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