Policy on Digital Asset

The transactions involving most of the digital assets do not require financial intermediaries and cannot be regulated. Further, the volatility of digital asset and risk exposure affects the growth of financial market. Hence, the regulatory authorities also regularly monitor and incorporate the necessary transformation and transmission of the respective monetary policies. The impact of Digital Asset, either Private or Public, on the money flow is to be examined. Considering the above, this paper intends to examine the on monetary policy implications for digital assets in general and CBDCs in particular.