
Monetary Issuance to Asset Custody: New Sovereign Power
Introduction: The Transformation of Monetary Sovereignty For centuries, the power to issue currency has been the cornerstone of state sovereignty. The exclusive right to create money, control its supply, and regulate its circulation represented one of the most fundamental expressions of governmental authority. This monopoly over monetary issuance enabled nations to finance wars, stimulate economies, and exercise control over their citizens’ economic lives. Yet we are now witnessing a profound transformation in the nature of sovereign financial power—a shift from the traditional prerogative of printing money to the emerging imperative






























