cryptocurrencies latest publications

November 5, 2019

Central Bank Digital Currencies and Distributed Ledger Technology

The debate on Central Bank Digital Currencies (CBDCs) was triggered by the emergence of cryptocurrencies like Bitcoin on the one hand, which may compete with traditional central bank money, and the trend towards the disappearance of cash in some countries on the other hand.

July 2, 2019

The digitalization of money

Continuous innovation and the gradual decline of the use of cash are giving way to a new digital monetary system. Central banks must define the new role they will play coming out of this transformation.

November 27, 2018

Banking Outlook. November 2018

Net profit in the first half of 2018 was 6,654 million euros compared with losses of 6,170 million in the first semester of 2017, period in which the resolution of Popular had an impact. Defaulting within the system as well as the deleveraging of the private sector continues. The system’s efficiency and profitability improv…

September 24, 2018

Are cryptocurrencies dying?

It is no secret that 2018 is proving to be a difficult year for the value of cryptocurrencies. After reaching a maximum historic value at the beginning of January, with an aggregate theoretical market value of $814,000 million, the price of almost all of them has collapsed, losing up to 75% of their maximum level. Are we …