This section explores the multifaceted concept of , shaped by social, historical, cultural, political, economic and financial contexts. seems paradoxically familiar yet alien, especially in light of emerging digital from diverse issuers, which challenge traditional monetary norms. Our objective is to guide readers through this evolving landscape, examining new instruments and their relation to traditional arrangements and forms, and highlighting potential risks and opportunities for retail users. A broader societal understanding of the monetary system is essential as it deeply influences resource allocation, wealth distribution and the very foundations of the social fabric. This section serves as an introductory overview, with future updates planned to delve deeper into complexities and nuances.

Digital money instruments