SOURCES

III
A. Schumacher, Blockchain Healthcare Strategy guide 2017
V
"Fintech and financial Services: Initial considerations", Dong He et al. Monetary and Capital Markets, Legal, and Strategy and Policy Review Departments.
IMF SDN/17/05 2017
VI
(GDP 9UK, 1300% of GDP, USA, 500% of GDP)
VII
Mapping the UK financial system. BOE. Oliver Burrows and Katie Low of the Bank's Macro-financial Risks Division and Fergus Cumming of the Bank's. Monetary Assessment and Strategy Division. Quarterly Bulletin 2015 Q2
VIII
The FSB has analysed the benefits and risks related to financial technology innovations from a financial stability perspective, and provides a definition in page 7 of its report Financial Stability Implications from FinTech, Supervisory and Regulatory Issues that Merit Authorities' Attention, 27 June 2017.
IX
Sound Practices: Implications of fintech developments for banks and bank supervisors Issued for comment by 31 October 2017 August 2017 BIS
X
Understanding financial consumer in the digital era. A survey and perspective on emerging financial consumer trends. CGI Group Inc. 2014
XII
Between 365-445 million MSMEs in emerging markets: 25-30 million are formal SMEs; 55- 70 million are formal micro enterprises; and 285-345 million are informal enterprises
XX
real-time gross settlement (RTGS): RTGS systems effect final settlement of interbank funds transfers on a continuous, transaction- by-transaction basis throughout the processing day (BIS).
XXV
Central bank cryptocurrencies. Morten Bech Rodney Garratt. BIS Quarterly Review, September 2017
XXVI
Central Bank Cryptocurrencies. Morten Bech, Rodney Garratt. BIS Sept 2017
XXVII
Cryptocurrencies Don't Belong in Central Banks. The conservative bureaucracies would likely kill all innovation. Bloomberg 24 November 2017
XXVIII
After Cracking Down On Bitcoin, China Contemplates Its Own Digital Currency. Forbes, Oct 19, 2017
XXIX
Federal Reserve starting to think about its own digital currency, Dudley says, Jeef Cox, CNBC Nov 29, 2017
XXX
SNB's Jordan sees crypto currencies as more of investment than currency, Reuters,
NOVEMBER 23, 2017
XXXI
'New BIS Chief Carstens Plans to Train His Sights on Bitcoin'. Bloomberg. By Eric Martin and Carlos M Rodriguez 1 December 2017
XXXII
Bitcoin: ECB tells banks to introduce instant payments to counter cryptocurrencies. Independent, Giselda Gagnoni, Nov 30 2017
XXXIII
Japan: A Forward Thinking Bitcoin Nation, Forbes,Nov 2 2017