A summary of the webinar of 23 November 2021 entitled The waiting for CBDCs is almost over and the ordeal of the incumbents is about to begin. Interest in CBDCs at central banks is almost universal, but the spectrum of stages of development is wide. The most advanced jurisdictions are, with the exception of China,Continue reading “The waiting for CBDCs is almost over and the ordeal of the incumbents is about to begin”
A Future of Finance Webinar with Central Banks, Banks, Payment Organisations, Regulators and Technology Companies Tuesday November 23 2021, 14.00 – 15.00 UK time Perhaps one jurisdiction and a half have actually launched a Central Bank Digital Currency (CBDC). But the second largest economy in the world (China) is now promising to turn its pilotContinue reading “The waiting for CBDCs is almost over and the ordeal of the incumbents is about to begin (23 November 2021)”
THE SUMMARY, HIGHLIGHTS AND FULL VIDEO (AT BOTTOM OF PAGE) OF THE CBDCS DISCUSSION JULY 21 1. Is a two-tier system, in which central banks provide the infrastructure and commercial banks provide the customer-facing services a settled model for building a CBDC? In an article on CBDCs in its 2021 annual report the Bank forContinue reading “CBDCs Summary ‘The message from CBDCs to payments banks is innovate or die’”
A FUTURE OF FINANCE WEBINAR WITH CENTRAL BANKS, BANKS, REGULATORS, TECHNOLOGY COMPANIES AND DIGITAL ASSET INFRASTRUCTURE PARTICIPANTS
Wednesday July 21 2021, 14.00 – 15.00 UK time
The central bank that runs the major global reserve currency has largely resisted the temptation to join the increasingly animated debate about central bank digital currencies (CBDCs). But this summer will see the publication by the Federal Reserve of a major consultation paper on making the US dollar available as a CBDC.
Central Bank Digital Currencies (CBDCs) are happening. On the last day of March 2021, the Eastern Caribbean Central Bank (ECCB) became the first central bank in the world to launch a retail CBDC in a currency union.
A SUMMARY AND FULL REVIEW OF THE DISCUSSION AT THE WEBINAR ON 16 JANUARY 2021
Tuesday February 9 2021, 14.00 – 15.00 UK time
Daniel Eidan is solutions architect and global CBDC and payments lead at R3, the distributed ledger technology firm.
A SUMMARY AND FULL REVIEW OF THE DISCUSSION AT THE WEBINAR ON 7 JULY 2020 PART I
The main reason that central banks are cautious about issuing central bank digital currencies is that they threaten to undermine the source of funding of the commercial banks, and therefore their ability to lend. It is hard to see how this risk can be avoided.