About this webinar
Date: 19 May 2022
Time: 4:00-5:00pm BST
Registration: Click Here
All around the world, governments are exploring the introduction of central bank digital currencies (CBDCs) including the Bank of England examining the case for introducing a digital Pound in the UK. A number of perceived benefits of having a digital currency have been proposed, with a key element being the ability to facilitate greater financial inclusion.
But how should we define financial inclusion in this context – by universal access, by cost, or by efficiency – and is inclusion actually an inevitable byproduct of CBDCs? What are the challenges posed by financial inclusion – or the lack thereof – when it comes to adoption of CBDCs? What about digital inclusion, and its impact on CBDC inclusivity? How can central banks ensure that the design of a digital pound takes financial inclusion into account? And how might we all ultimately benefit?