During the panel discussion entitled „Money and technology – prospects for central bank digital currencies” the potential role of CBDC will be discussed. Due to explosive technological developments in the financial system, the international central banking community has been forced to innovate. The increase in the market capitalization of cryptocurrencies to above $ 1 trillion, the enhanced use of blockchain technology in financial services, the development of international giants’ own financial platforms and the direct peer-to-peer lending are all changes that have resulted in a new situation regarding the financial infrastructure management and control. These developments have encouraged central banks to react. Are central banks able to lead this technological innovation? The private sector is also exploring the possibilities of creating currencies. Recently, more and more central banks, including the ECB, the Fed, the central banks of China, India and Japan, as well as a number of smaller central banks, have begun exploring the possibility of introducing CBDC or preparing specific project, in some cases already testing. The introduction of CBDC has generated debates all around the world.
0:00 | Intro
1:48 | Fireside chat
Moderator: Barnabás Virág, Deputy Governor, Magyar Nemzeti Bank
Morten Linnemann Bech, Centre Head, BIS Innovation Hub Switzerland
Mu Changchun, Director of the Digital Currency Research Institute, The People's Bank of China (online)
40:10 | Panel discussion
Moderator: Dániel Palotai, Executive Director, IMF
Marius Jurgilas, Senior Vice President, Super How
Petia Niederländer, Director Payments, Risk Monitoring and Financial Literacy, Oesterreichische Nationalbank
Thammarak Moenjak, Chief Representative, Bank of Thailand, London Representative Office
Shu-Pui Li, Advisor to the Governor, Central Bank of the UAE
Keynotes:
[ Ссылка ]
The role of central banks in enhancing the green economy
Afternoon panel: [ Ссылка ]
