Social Sciences
5 years ago

New era of global finance: Cryptocurrencies revolutionize international monetary system.

International monetary and financial system
Elena V. Zenkina, Elena V. Zenkina

Paper Summary

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The article discusses changes in the global monetary system as the world shifts towards a post-industrial economy. It explores the new role of money in this economy and how Russia is integrating into the international monetary system. The research also looks at the emergence of new forms of money like Initial Coin Offerings (ICOs) and cryptocurrencies for transactions.