How to design a CBDC? Insights from Bhutan mission
My recent CBDC mission to Bhutan has greatly broadened my perspectives on central bank digital currencies (CBDCs) – also when it comes to the digital euro. This experience has led me to several conclusions when it comes to CBDC design: 1️⃣ A CBDC must always...
CBDC Mission to Bhutan
Just last week, I had the honor of participating in an official mission arranged by the Asian Development Bank to the Kingdom of Bhutan 🇧🇹. The primary aim of this mission was to evaluate the potential benefits, challenges and use cases of introducing a central bank...
What does the general public think about CBDCs?
What do people think about central bank digital currencies (CBDCs)? A survey of > 90,000 conducted with capital markets and investment practitioners sheds some light on the demand side of CBDCs. Key insights: 1️⃣ There is limited understanding of and support for...
Digital money in the financial industries. Which options are most promising?
Deutsche Bundesbank published an article in its recent monthly bulletin addressing this question. Key observations: 1️⃣ The financial sector expects substantial efficiency gains from the combination of using a DLT and the tokenization of assets. Key efficiency drivers...