Reshaping Digital Futures: Central Banks Digital Currencies/How Will Global Implementation Unfold
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 Published On Mar 31, 2022

Reshaping Digital Futures: Central Banks Digital Currencies and how will global implementation unfold

Why you should watch: Our Chief Executive Officer, Dr Martina Garcia discusses with Dr Nouran Youssef, Arab Monetary Fund and Izabella Kaminska, The Blind Spot, Central Banks Digital Currencies (CBDCs), key implementation challenges and the solutions starting to emerge, particularly from the pilots taking place in China and the MENA region and the US debate. Financial inclusion, facilitating cross-border payments, de-dollarisation and the reduction of liquidity and settlement risk are common objectives among policy-makers but concerns about creating new barriers on financial inclusion, the traceability of transactions, disintermediation of commercial banks and interoperability between jurisdictions keep rising. You will hear about China’s pilot for digital Yuan (e-CNY) launched in 2020 and providing a template for many central banks wishing to balance enhanced payment efficiency with traceability, data protection and preserving banks’ intermediation role between deposits and loans.

Moderator: Martina Garcia (CEO, CSFI)

Izabella Kaminski is the founder and editor of ‘The Blind Spot’ a website designed to illuminate news stories that are missed by larger media outlets. Ex-editor of the Financial Times Alphaville, she is a well-established journalist with a keen eye for anything bubbling up within the financial sector.

Dr Nouran Youssef is a senior financial sector specialist at the Arab Monetary Fund, working on enhancing the Fintech ecosystem in Arab countries and leading the Arab Regional Fintech Working Group.

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Produced/edited by Alex Treptow

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