Duration

3 days

Application deadline

13 December 2024

Objective

Retail central bank digital currencies (CBDCs) have shaped the discussion on future trends in payments over the past few years. The Eurosystem is now in the preparation phase for the introduction of a digital euro.

As a new form of public money, a retail CBDC could encourage innovation in the payments sector and provide an anchor of stability in the digital age. This may also foster competition in the payments sector. Together with its Eurosystem partners, the Bundesbank is looking into how a digital euro can be designed to meet the evolving demand for digital money.

Besides making participants familiar with design features of the upcoming digital euro, this course aims to shed light on the reasoning, usage, added value, and potential risks of CBDC.

Content

• Retail CBDC developments
• Financial stability implications
• The banking supervision perspective
• The monetary policy angle of CBDC

Target group

Economists and policymakers in central banks who strive to enhance their knowledge of digital central bank currency and the work done in central banks. Participants should have a sound knowledge of CBDC issues or of related issues with regard to payment systems, monetary policy, financial stability or banking supervision.

A key feature of this course is to gain insights from global CBDC developments. Active participation and contributions from participants (e.g. presentations) are therefore expected.

Please note

A nominating person is mandatory for the participation in our in-person courses.