LECTURE SERIES: MONETARY POLICY AND THE FINANCIAL SECTOR (MPFS)

You are cordially invited to the following Webinar:

“CBDC: Revolution or Overdue Update?”
Ulrich Bindseil
Director General of Market Infrastructure and Payments, European Central
Bank

Friday, January 21, 2022
10:00-11:30
via MS Teams

After registering by email (Cornelia.Berger@wu.ac.at), you will receive
the MS Teams link for the Webinar which can be opened directly from your
web browser without having to install MS Teams.

The majority of central banks around the world currently explore the
option of creating a central bank digital currency (CBDC). Private
individuals would be able to hold central bank money in digital form.
Economic pressure from competing central banks, cryptocurrencies, and
private payment services providers are important drivers in this
process. CBDCs as a major innovation in central banking could have
far-reaching consequences for the monetary system and the financial
sector. The talk by Ulrich Bindseil will address some of the key issues
about CBDCs with special emphasis on the project of a future European
CBDC, the digital Euro.

Ulrich Bindseil has been Director General of Market Infrastructure and
Payments at the Euro pean Central Bank since November 2019. In this
capacity, he is one of the key policymakers at the ECB preparing the
possible creation of a digital Euro. Previously, he was Director General
of Market Operations at the ECB and worked for the Deutsche Bundesbank
and the European Monetary Institute. He is also honorary professor at TU
Berlin.

The webinar is jointly organized by Aurel Schubert, former Director
General Statistics, ECB and by Guido Schäfer, Department of Economics,
WU Vienna.

------------
Guido Schäfer
Department of Economics, WU Vienna
Welthandelsplatz 1, 1020 Vienna, Austria
Tel.: + 431 31336 4579
Email: Guido.Schaefer@wu.ac.at


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