The case for CBDC and the role of blockchain

Dmitry Tokarev, Copper’s chief executive officer, joins David Marsh, chairman of OMFIF, to discuss central banks’ interest in digital currencies and cross-border remittances, as well as their impact on commercial banks and the challenges of introducing central bank digital currencies. They look at whether the pandemic has moved society towards being cashless and what threats CBDCs pose to the financial system and monetary policy. In addition, they cover how essential blockchain and distributed ledger technology would be in developing a CBDC before turning their attention to the future to see who could be the first to issue a CBDC.


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