In 2020, one of the interesting topics being discussed in parallel to central bank digital currency (CBDC) is programmable money (PM). Like CBDC, programmable money does not appear to have a clear definition. In this post we will discuss our understanding of programmable money, its potential usefulness and possible obstacles to future use. What is […]
Tag Archives: central banking
15
Jul
Jul
This year’s SEACEN Centre Policy Summit in Kuala Lumpur in mid-June was on the very salient topic of “Central Bank Leadership in Combating Cyber Risk.”
Financial Stability
Climate Change as a Prudential Risk for Central Banks and Regulatory Authorities
01
Jul
Jul
Once policy-makers accept climate change as a prudential risk, several options are open to them, from
climate-related stress testing to promoting low-carbon financing.
06
May
May
While Auer argued that second-layer solutions such a “Lightning Network” can improve the economics of payment security he noted some concerns.