Original Source: Finextra
Key trends currently driving CBDC discussions across the globe.
The global pandemic and the emergence of cryptocurrencies and stablecoins have accelerated the work on CBDCs. While some nations are further ahead in their CBDC timelines than others, the UK, US and Europe (among many more) are treading carefully, paying careful attention not only to the significant advantages CBDC promises, but to the concerns and the unknowns that such a seismic change could bring.
This considerable ambiguity around the direction of central banks’ plans for digital currencies is proving frustrating for many industry players who are keen to drive the process forward.
Earlier this year, the Green Paper by ‘Project New Era’, including BCG, The Payments Association and others, called on central banks to progress on their research and provide clarity on the architecture of a future digital currency ecosystem – bringing together the industry with a defined framework for collaboration between the public and private sector.
Following publication of Finextra’s annual ‘Future of Regulation’ and ‘Future of Payments’ reports, we are bringing together thought leaders and influential voices to zoom in on key questions being raised by the global central bank digital currency (CBDC) dialogue.
Watch this on-demand webinar to hear about key trends currently driving CBDC discussions across the globe, including the impact CBDC may bear on cryptocurrency, the role of digital identity in a world where CBDC becomes the norm, the lessons to learn from countries pioneering CBDC rollouts and how collaboration between the public and private sector should take shape moving forward.
- Arvin Abraham – Partner, McDermott Will & Emery
- Igor Mikhalev – Partner, Head of Emerging Technologies, EY-Parthenon
- Jannah Patchay – Director, Regulatory & Market Structure Advisor, Markets Evolution & Policy Lead, SteerCo Chair, Digital Pound Foundation
- Antony Welfare – Senior Advisor CBDC and Global Partnership, Ripple
- Paige McNamee – Senior Reporter, Finextra [Moderator]