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 …
Stablecoin and CBDC News Digest, September 2022
by Conrad Kraft, Sarah Palurovic on Sep 30, 2022 7:30:00 AM
The world of digital money moves quickly and is time consuming to keep up to date with. To keep you up to speed with the most important pieces of news that have lasting implications especially for stablecoins and CBDCs, the monthly Stablecoin and CBDC News Digest takes care of it for …
CBDC Article Series - The Chinese digital yuan
by Digital Euro Association on Sep 28, 2022 11:31:31 AM
Authors - Dr. Jochen Biedermann and Juan Gutierrez. This is the second article in our Public Digital Euro Working Group series. The objective of this article is to provide an updated perspective on the e-CNY (aka e-RMB, Digital Yuan, Digital Renminbi - the Chinese CBDC) for those alre …
Event Summary: The Euro Coin (EUROC) by Circle: The First Big Euro Stablecoin?
by Luca Rose on Sep 23, 2022 8:26:18 AM
In this panel about The Euro Coin issued by Circle, the panelists discussed topics such as why stablecoins are a development platform and how they can impact the future of financial services. For those who missed the panel, you can watch the panel on YouTube, listen to the event as a …
Recap of the CBDC Conference 2022
by Digital Euro Association on Sep 20, 2022 9:00:00 AM
The much anticipated CBDC Conference was held in Frankfurt, Germany, from August 29-31, 2022. This leading central bank digital currency (CBDC) conference offered representatives from central banks, the financial sector, technology providers, policymakers, and academics the perfect pl …
Article Series - CBDC pilots and research, lessons for the digital euro
by Juan Gutierrez and Thomas Haas on Sep 19, 2022 10:30:00 AM
Introduction Central bank digital currencies (CBDCs) have evolved in just a few years from a purely academic discussion to an intense debate among central banks around the world about the future of public and private digital money. As of 2022, most central banks are at least conductin …
Digital Euro Association contributes to Public Hearing on the digital euro
by Dr. Jonas Gross and Conrad Kraft on Sep 14, 2022 8:44:28 AM
On 7 September 2022, the European Economic and Social Committee hosted a public hearing entitled "A Digital Euro: Challenges and Opportunities". The hearing brought together experts from around Europe to discuss the institutional considerations of introducing a digital euro, as well a …