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

Watch replay: https://bit.ly/37fyOtr

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”, will discuss 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 will be followed by a discussion and Q&A session moderated by Professor Heiwai Tang of the University of Hong Kong.

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.