With the expansion of fintech, non-traditional players have entered the payments market. Central banks have responded by exploring regulatory frameworks that can both manage risk and foster innovation. They are also developing their own new tools, such as central bank digital currencies. Oded Salomy, director of payment systems at the Bank of Israel, discusses the new regulatory landscape, the role of the central bank and how Israel is approaching digital currencies.

Oded Salomy, Director of Payment Systems, Bank of Israel

Moderated by Phillip Middleton, Chair, DMI

Recorded on 04/08/21

This virtual discussion is part of the OMFIF Digital Monetary Institute. The OMFIF Digital Monetary Institute creates a high-level college which convenes central banks, 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. Please contact folusho.olutosin@omfif.org directly for membership details.

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