03125cam a2200373 i 4500 in00024299594 20251116082521.0 t| 251208s2024 njuab b 001 0 eng d 2024407069 9780691245423 (hardcover) (OCoLC)1426288411 YDX eng rda YDX TOH OCLCO YDX OCLCO COO OCLCO MNT TL# CQC IG# GYG OCLCO OCLCL DLC DLC-MRC DLC AU lccopycat Alfaisal Main Library HG221 .A94 2024 Awrey, Daniel, 1976- author aut http://id.loc.gov/vocabulary/relators/aut Beyond banks : technology, regulation, and the future of money / Dan Awrey. Princeton ; Oxford : Princeton University Press, ©2024 291 pages illustrations, map 25 cm text txt rdacontent unmediated n rdamedia volume nc rdacarrier Includes bibliographical references (pages 257-274) and index. Introduction: We need to talk about money -- The goldsmiths' experiment -- Making banks safe -- The only game in town -- New experiments in money and payments -- Money in the shadow of bankruptcy -- The old law of new money -- A blueprint for reform -- Conclusion: For all the money. "A diverse and growing range of financial institutions and platforms--from PayPal and Venmo to WeChat, Alipay, and the brave new world of stablecoins--has harnessed new technology to disrupt the system of money and payments as we know it. 'Beyond Banks' explains why this disruption holds out the promise of faster, cheaper, more convenient, and more secure payments, but also how it increasingly risks exposing consumers, businesses, and governments to the problem of bad money. Dan Awrey traces the origins of our current bundled system of banking, money, and payments. He explains why the problem of bad money--the result of antiquated and inadequate laws and regulation that fail to establish credible commitments to hold, transfer, or return a customer's money on demand--requires that policymakers fundamentally rethink their approach toward the design of the laws and institutions at the heart of this system. He presents ways to effectively unbundle banking from money and payments, ensure the credibility of monetary commitments, and promote the stability of this system. Awrey also envisions a more forward-looking role for policymakers in encouraging greater technological experimentation, competition, and innovation in the realm of payments. 'Beyond Banks' sheds critical light on the important but too often dysfunctional relationship among technology, regulation, and money, and lays the foundations for a safer, more nimble, and more inclusive system of money and payments."-- Publisher's website. Money Technological innovations Money Law and legislation Digital currency Cryptocurrencies Electronic funds transfers Print books. local 4 lcc BOOKS 607923 607923 0 0 lcc 0 0 AU AU GEN 2025-11-16 0 HG221 .A94 2024 AU00000000020872 2025-11-16 08:26:07 131.00 2025-11-16 BOOKS