Rise of the CBDC: policy approaches and technologies
As digital currency has captured global attention, central banks have intensified their research and experimentation. Technical designs, policy choices and motivations vary across countries. Raphael Auer, principal economist of the innovation and digital economy unit at the Bank for International Settlements, discusses the economic and institutional drivers of CBDC development and the common factors bolstering efforts. The session explores global trends in the design choice of architectures, infrastructure and access, reflecting on the main challenges ahead and the potential for international standards.
Raphael Auer, Principal Economist of the Innovation and Digital Economy Unit, Bank for International Settlements
9:00-10:00 (New York)
This meeting will be conducted under the OMFIF Rules.
This virtual discussion is part of the OMFIF Digital Monetary Institute. OMFIF, the global central banking think tank, proudly announces the launch of the OMFIF Digital Monetary Institute on 5 May. The OMFIF Digital Monetary Institute creates a high-level college which convenes key policy-makers, technologists, financiers and regulators to explore the challenges, opportunities and implications of digital finance in the 2020s. See more information on OMFIF’s DMI here.
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