By Manuel Klein, Jonas Gross, Philipp Sandner Central bank digital currencies (CBDCs) are coming. A recent study by the Bank for International Settlements (BIS) shows that 10% of worldwide central banks intend to issue a retail CBDC in the short term and 20% in the medium term. However, introducing a CBDC imposes potential threats to […]
By Jonas Gross and Philipp Sandner After Facebook’s Libra and the announcement of the Chinese central bank to issue a digital currency, the discussion about a digital Euro has gained momentum. Even if a central bank-issued digital Euro might not be introduced in the foreseeable future, the digital Euro does already exist in the form of […]
By Andrea Bianconi Part I of this article deals with the following topics: Is Libra a cryptocurrency or a stablecoin? Libra will compete with commercial banks and central banks not with Bitcoin Libra: how to make your money work for … Facebook&Co. Part II Libra will not solve the “unbanked” problem The unbanked are “unbanked” because […]
