Central Bank Digital Currencies – Rationales, Design, Implications

EEA
Presenter(s) Type Length Chair Room Number Add to calendar
Fabio Panetta Tara Rice Dirk Niepelt Lunch Sessions, Panel & Workshop 23/08 13:00 CEST
60
mins
Elena Carletti
Add to Calendar 2022-08-23 13:00:00 2022-08-23 14:00:00 EEA-ESEM 2022: Central Bank Digital Currencies – Rationales, Design, Implications The proliferation of e-commerce has led to a decline in the use of cash as means of payment. At the same time, technological innovation enables the creation of new forms of digital money. While this development promises increased efficiency and convenience, it also gives rise to concerns about monetary sovereignty, privacy, and the role of public money as anchor for the monetary system. Against this background, central banks around the world are considering the case for central bank digital currency (CBDC). This session, which will discuss the rationales, design and implications of CBDC, is organised by the European Central Bank (ECB) The proliferation of e-commerce has led to a decline in the use of cash as means of payment. At the same time, technological innovation enables the creation of new forms of digital money. While this development promises increased efficiency and convenience, it also gives rise to concerns about monetary sovereignty, privacy, and the role of public money as anchor for the monetary system. Against this background, central banks around the world are considering the case for central bank digital currency (CBDC). This session, which will discuss the rationales, design and implications of CBDC, is organised by the European Central Bank (ECB) Scottish Economic Society eea1@eeassoc.org Europe/Rome public

The proliferation of e-commerce has led to a decline in the use of cash as means of payment. At the same time, technological innovation enables the creation of new forms of digital money. While this development promises increased efficiency and convenience, it also gives rise to concerns about monetary sovereignty, privacy, and the role of public money as anchor for the monetary system. Against this background, central banks around the world are considering the case for central bank digital currency (CBDC). This session, which will discuss the rationales, design and implications of CBDC, is organised by the European Central Bank (ECB)