Digital Currency Global Initiative:   Insights on central banks digital currencies implementation
Channel: ITU
Date: 19/11/2021

Central banks around the world are exploring the concept of general purpose CBDC, even if there is no decision on whether to introduce it. It is widely accepted that a successful retail CBDC would need to provide a resilient and inclusive digital complement to physical cash. As such, a retail CBDC must have all the features and more that make cash so attractive. The basic elements are trust in the issuing entity, legal tender status, guaranteed real-time finality and wide availability.This webinar will share insights into retail CBDC projects that are under way as well as the architecture and technology options that are feasible and the ongoing EU discussions on the possible introduction of a digital Euro. The different architecture options for retail CBDC and their policy implications will also be considered.