Reflections on payment innovation from my trip to Singapore and Indonesia
Recently, I returned from a two-week Asia journey, where I had the honor of participating in a workshop on payments and CBDC with the Central Bank of Indonesia and immersing myself in the dynamic atmosphere of the Singapore Fintech Festival. It was fascinating to...
How to design a CBDC? Insights from Bhutan mission
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...
What does the general public think about CBDCs?
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...
Digital money in the financial industries. Which options are most promising?
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...