Details
Date:
October 6, 2022
Time:
10:00 am - 11:00 am
Course Number:
N.A.
Application Deadline
October 3, 2022
Webinar on Toward Central Bank Digital Currencies in Asia and the Pacific – Result of a Regional Survey
Opening Remarks
Anne-Marie Gulde-Wolf, Deputy Director, Asia and Pacific Department, International Monetary Fund
Moderator
Harald Finger, Division Chief, Asia and Pacific Department, International Monetary Fund
Presenters
Sarwat Jahan, Senior Economist, Asia and Pacific Department, International Monetary Fund
Mike Li, Economist, Asia and Pacific Department, International Monetary Fund
Umang Rawat, Economist, Asia and Pacific Department, International Monetary Fund
Webinar Description
Based on survey responses from 34 Asian economies, this presentation takes stock of recent developments related to CBDCs and crypto assets in Asia. We find that while there is significant heterogeneity in terms of stage of development, the emergence of private crypto assets has created an impetus to consider CBDCs. While most countries are engaged in R&D, with some at advanced stages of testing and pilots, very few countries are likely to issue CBDCs in the near-to-medium term, reflecting the still large uncertainties. Still, country experiences so far provide some key insights for others in their journey in this area.
This webinar will be delivered in 40 minutes followed by a short Q&A.
Registration
To register for this webinar, please complete the online form here by October 3, 2022, 12noon (Singapore Time). Upon successful registration, you will receive email instructions and a link for joining the meeting.
