The pandemic has accelerated the transformation of payments, with many countries looking into central bank digital currencies, upgrading real-time gross settlement systems or discussing next steps for cross-border payments. Sir Jon Cunliffe, Deputy Governor, Bank of England, will discuss how the Bank is engaging with the UK and international payments landscapes. He will discuss the outlook for CBDCs and expand on the timeframe for payment innovation as well as the steps necessary for improvements to national and cross-border payments and settlement.

Do we need ‘public money’? – speech by Sir Jon Cunliffe.

Speaker:
Sir Jon Cunliffe, Deputy Governor, Bank of England

Moderated by Philip Middleton, Deputy Chairman, OMFIF, Chair, Digital Monetary Institute

Recorded on 13/05/21

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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