"In his latest book, The Future of Money: How the Digital Revolution Is Transforming Currencies and Finance, the Cornell University professor describes how digital currencies and other financial technologies are reshaping everything from consumer banking to monetary policy and international payments. In a conversation with F&D’s Chris Wellisz, Prasad lays out the advantages and perils of the new forms of money."

The article was published in the IMF's Finance and Development magazine. Click here to access the article.

Source: Finance and Development, March 2022 issue

Illustration: GETTY IMAGES / DEM10; ALENGO; MARTIN DIEBEL; ISTOCK / DEM10