The implications of crypto-assets, emerging payment technologies and Facebook’s plans to create a global digital currency, Libra – discussed by our host, Michael Steen, and guests, Dirk Bullmann, Maria Teresa Chimienti, and ECB Executive Board member Benoît Cœuré.
Published on 30 September 2019 and recorded on 6 and 9 September 2019..
In this episode:
(01:03) Benoît Cœuré
The big picture: what is money, why is there a demand for digital currencies and what is the role of central banks in this field?
(11:47) Maria Teresa Chimienti
Getting technical: what are crypto-assets, what makes Facebook’s Libra different, and why is it important for central banks to research these phenomena?
(17:32) Dirk Bullmann
Talking innovation: what is blockchain and DLT, why are they so fascinating and how does innovation at the ECB help make payments instant?
Explainer: What is money?
Explainer: What is bitcoin?
Explainer: How could new technology transform financial markets?
Research – special feature: Distributed Ledger Technology (e.g. blockchain)
Research – Occasional Paper: Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructures
Research – Economic Bulletin Article: Understanding the crypto-asset phenomenon, its risks and measurement issues
European Central Bank website
You can also listen to The ECB Podcast on SoundCloud, Spotify, Deezer, Stitcher and many more: https://pod.link/ecbpodcast
The views expressed are those of the speakers and not necessarily those of the European Central Bank.