What would widespread #CBDC adoption mean for financial stability?
@GregBrownm tells us that the acceleration of cross-border transactions could challenge policymakers, while access to currencies could impact monetary sovereignty.
Watch the full event⤵️
https://t.co/535fiakhyo
Countries are interested in #CBDC. However, @GregBrownstein and Utsav Saksena argue that the #WorldBank and other organizations "have not paid sufficient attention to the development and financial-inclusion benefits of CBDCs."
Read the new report ⤵️
https://t.co/ITw63Eamu6
The mandates of the #IMF, #WorldBank, and Bank for International Settlements intersect with #CBDC. But are their efforts towards governance appropriate, effective, and sufficient?
@GregBrownm and Utsav Sakena address IFIs and CBDC in their new paper ⤵️
https://t.co/ITw63Eamu6
Cryptocurrency regulators around the world face multiple challenges, writes @GregBrownm.
“They must protect customers and put in place safeguards to prevent the next FTX-style collapse, all while coordinating across diverse jurisdictions.”
Read more. ⬇️
https://t.co/BCZdDK30aI
Earlier this week, the @SECGov sued #Binance and #Coinbase, two major cryptocurrency exchanges, for registered securities violations.
@GregBrownm explains the challenges policymakers face in regulating crypto. ⬇️
https://t.co/aVpyWidz10
@ACGeoEcon I wonder what explains the large jump around 1990… The Fund’s interest in floating rates and capital liberalization? Some institutional reforms?
The Bretton Woods Institutions began after World War II to help rebuild Europe.
Watch @WorldBank President David Malpass explain what its mission is today: ➡️ https://t.co/EzNrgpl6oA
Check out @ACGeoEcon’s Bretton Woods 2.0 Project for more on this: ➡️ https://t.co/0vFvBmIyGd
This morning our team @ACGeoEcon published a new central bank digital currency tracker - our final edition of the year. The headline is that the US and UK have moved into development of a CBDC (wholesale in the US case).
https://t.co/yLGjmZh5KA
“We are talking about, in the case of Russia, a rapacious and barbaric invasion that is terrorizing 45 million innocent people,” says former Deputy National Security Advisor Daleep Singh.
“To me, this is not about policy divergence. This is about a very different worldview.”
The Bretton Woods Committee’s Annual Meeting 2021 starts today! How can we secure a balanced, sustainable global recovery? Follow along with #BWCAnnualMeeting
Starting now: @jlevyoficial, @s_segal, José Viñals, and Mark Walker join William R. Rhodes and John Lipsky to discuss how to improve debt restructurings and chart a path for debt sustainability. #BWCAnnualMeeting#GlobalDebt
How the U.S. uses the authority and the power of the dollar in sanctions cannot be perceived as arbitrary or against the common understanding of U.S. allies, says Secretary Lew. #BWCinConversation
This Thursday: Join Whitney Debevoise and Meg Lundsager in conversation with former U.S. Treasury Secretary Jack Lew to discuss the international economic policy challenges facing the Biden Administration. Register at https://t.co/Xbljlcc3Qf.
@CGDev There was much discussion of sovereign debt and DSSI extension at least week's Bank/Fund Annual Meetings. What is the NDB's perspective on sovereign debt concerns? What will the NDB do to support shareholders approaching debt distress? #CGDTalks