First edition of the Digital Finance Update.
The Institute of International Finance welcomes the opportunity to respond to the European Commission questionnaire on a potential euro-denominated central bank digital currency (CBDC). We commend the EC for taking this step forward in considering this momentous issue.
The latest session of the IIF’s DataTalk focused on the potential of central bank digital currencies (CBDCs) for cross-border payments.
This note takes stock of the most salient recent policy developments relating to digital assets and proposals at the global, regional and national levels, including recent lawmakers’ consideration and moves by key regulators and central banks.
The Institute of International Finance (IIF) today conveyed its congratulations to Klaas Knot, President of De Nederlandsche Bank, on his appointment as Chairman of the Financial Stability Board (FSB).
Could a Chinese CBDC displace the dollar as the global reserve currency, undermine the U.S. sanctions regime or provide the Chinese government with the ability to increase surveillance on citizens?