Digitalization is driving dramatic changes in the form and shape of money – how it is issued, who can issue it, how it is used, how it is stored. Most central banks are weighing creating digital currencies, largely in response to potential erosion of their monopolies as issuers by cryptos. At the same time, the use of the dollar as a tool to sanction could accelerate the move away from dollar dominance in a fragmenting global economy. What do these developments mean for the future of money? What will be the role of banks? How should authorities respond.