The implications of crypto-assets, rising fee applied sciences and Fb’s plans to create a worldwide digital foreign money, Libra – mentioned by our host, Michael Steen, and visitors, Dirk Bullmann, Maria Teresa Chimienti, and ECB Govt Board member Benoît Cœuré.
Printed on 30 September 2019 and recorded on 6 and 9 September 2019..
On this episode:
(01:03) Benoît Cœuré
The large image: what’s cash, why is there a requirement for digital currencies and what’s the position of central banks on this subject?
(11:47) Maria Teresa Chimienti
Getting technical: what are crypto-assets, what makes Fb’s Libra totally different, and why is it vital for central banks to analysis these phenomena?
(17:32) Dirk Bullmann
Speaking innovation: what’s blockchain and DLT, why are they so fascinating and the way does innovation on the ECB assist make funds instantaneous?
Explainer: What’s cash?
Explainer: What’s bitcoin?
Explainer: How might new expertise remodel monetary markets?
Analysis – particular function: Distributed Ledger Know-how (e.g. blockchain)
Analysis – Occasional Paper: Crypto-Belongings: Implications for monetary stability, financial coverage, and funds and market infrastructures
Analysis – Financial Bulletin Article: Understanding the crypto-asset phenomenon, its dangers and measurement points
European Central Financial institution web site
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The views expressed are these of the audio system and never essentially these of the European Central Financial institution.