CBDC Article Series - Russian Digital Ruble Effort
by Juan Gutierrez on Oct 31, 2022 10:30:00 AM
1. Objective The objective of this paper is to summarize Russia’s CBDC efforts and identify aspects that could be relevant for the digital euro project. Perhaps more than any other CBDC pilot, there is significant interest regarding if and how a CBDC could help Russia’s stated goals t …
CBDC Article Series - CBDCs go live - Bahamas, ECCU and Nigeria
by Juan Gutierrez and Marlene Marz on Oct 24, 2022 10:15:00 AM
Introduction According to the “Atlantic council CBDC tracker”, approximately 87 countries, representing over 90 percent of global GDP, are exploring CBDCs (Atlantic Council 2022). However, compared to the number of central banks researching this topic, very few have fully launched a C …
CBDC Manifesto: Design Recommendations for a retail CBDC
by Digital Euro Association on Oct 12, 2022 3:00:00 PM
On October 12th, the Digital Euro Association (DEA) and the CBDC Think Tank (CBDC TT) announced the CBDC Manifesto at the CBDC Summit 2022 in Washington D.C. The document was developed by the DEA, the CBDC TT, and world-leading CBDC experts.
Merchants - key to the success of the digital euro
by Maria Saenz De Buruaga on Oct 4, 2022 11:43:00 AM
As Fabio Panetta, member of the Executive Board of the ECB, suggested at the last Annual Congress of the European Economic Association in Milan, “the market for payments is two-sided”. In this sense, the success of the digital euro would largely depend on its adoption not only by cons …