Asia Global Institute
Central Bank Digital Currencies: Motives, Economic Implications and the Research Frontier

Central Bank Digital Currencies: Motives, Economic Implications and the Research Frontier

Wednesday, April 6, 2022

Heiwai Tang, Hyun Song Shin

AGI Public Policy Seminar Series

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Watch replay:

Digital currencies are drawing increasing attention around the world. Central bank digital currencies (CBDCs) have gained popularity in recent years and have been on the agenda of different central banks. However, CBDCs should be considered in the full context of the digital economy and the centrality of data, which raises concerns around competition, payment system integrity and privacy. In this webinar, Hyun Song Shin, Head of Research of the Bank for International Settlements and co-author of the working paper, “Central bank digital currencies: motives, economic implications and the research frontier”, discussed the motivations of central banks to issue CBDCs in light of challenges faced by the digital economy and its implications for banks, financial stability and monetary policy. 

The presentation was followed by a discussion and Q&A session moderated by Professor Heiwai Tang of the University of Hong Kong.

About the Speakers

Director, Asia Global Institute

Heiwai Tang

Economic Adviser and Head of Research, Bank for International Settlements

Hyun Song Shin

As the BIS Economic Adviser, Mr Shin co-leads the Monetary and Economic Department and is part of the Bank's senior management as a member of its Executive Committee.


The AGI Public Policy Webinar Series features leading academics and scholars from universities and think tanks around the world presenting current research on global public-policy issues and discussing their significance and implications for Asia and the world. All are welcome.



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