My recent CBDC mission to Bhutan has greatly broadened my perspectives on central bank digital currencies (CBDCs) – also when it comes to the digital euro. This experience has led me to several conclusions when it comes to CBDC design: 1️⃣ A CBDC must always...
Just last week, I had the honor of participating in an official mission arranged by the Asian Development Bank to the Kingdom of Bhutan 🇧🇹. The primary aim of this mission was to evaluate the potential benefits, challenges and use cases of introducing a central bank...
How does the market for cross-border payments look like today and which role plays Bitcoin in this context? A recent in-depth report by River examines the cross-border payments industry and Bitcoin adoption in the context of cross-border payments. Key insights on...
What do people think about central bank digital currencies (CBDCs)? A survey of > 90,000 conducted with capital markets and investment practitioners sheds some light on the demand side of CBDCs. Key insights: 1️⃣ There is limited understanding of and support for...
Deutsche Bundesbank published an article in its recent monthly bulletin addressing this question. Key observations: 1️⃣ The financial sector expects substantial efficiency gains from the combination of using a DLT and the tokenization of assets. Key efficiency drivers...