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Date and Location
Susan Gill
The Biden Administration has recently issued a report calling for more research and development with respect to a central bank digital currency (CBDC) or digital dollar, and the Federal Reserve Bank of Boston is working with MIT to develop a hypothetical CBDC platform. But there are those at the Federal Reserve Board as well as in Congress that oppose development of a CBDC. Meanwhile, Europe is moving more aggressively in its research and development of a CBDC, but there are different views about the purpose and design of a digital euro. Join Mossavar-Rahmani Center for Business and Government Research Fellows Jean-Pierre Landau and Timothy Massad for a discussion of the latest developments, including what leading officials are saying about whether their governments should develop CBDCs. They will also discuss how China’s launch of a CBDC and its work with other nations on cross-border interoperability is affecting the debate. Mr. Landau, former Deputy Governor of the Banque de France and Executive Director for France at the IMF and World Bank, has just co-authored a report to the European Parliament on the policy implications of a digital euro. Mr. Massad, former Chairman of the Commodity Futures Trading Commission and Assistant Secretary of the Treasury, has just co-authored papers on how to regulate stablecoins and how to improve the regulation of crypto generally.
Space is limited. Lunch will be served.