Middle East Council on Global Affairs مجلس الشرق الأوسط للشؤون الدولية’s Post

Central Bank Digital Currencies (CBDCs): Its Impact and How To Implement It. More details & link are in the Comment Section. #CBDCImplementation #CBDC #DigitalCurrency #FinancialInnovation #DigitalEconomy #CBDCInsights #Fintech #CentralBanking #FutureOfFinance #MonetaryPolicy

Last week Flagship Advisory Partners hosted a webinar diving into the topic of central bank digital currencies (CBDCs) and the European Central Bank's plan for the Digital Euro. Feel free to watch the full webinar here: https://lnkd.in/eF2wRDvN #cbdcs #centralbankdigitalcurrency #digitalcurrency #ecb

Exploring Central Bank Digital Currencies: Learn about the rise of CBDCs, digital currencies issued by central banks, reshaping the future of monetary systems worldwide. #CBDC #DigitalCurrency #CentralBank #Fintech #MonetaryPolicy

#Cryptocurrencies are huge risks to financial stability, and monetary stability, #ReserveBankofIndia Governor #ShantikantaDas, asserting it may create a situation where the central bank may lose control of money supply in the economy. Read here: https://lnkd.in/gaCn7tKx

Central Bank Digital Currencies (CBDCs) are a form of digital currency issued by a country’s central bank and have the potential to significantly impact business and reporting in various ways. Withum's Joshua Pagano, CPA and Michael Sousa, CPA discuss how these have gained traction globally and the potential benefits. Click here to read more on the impact of CBDCs on business and reporting: https://ow.ly/f3kW50Qy1QV

Last week we hosted our live webinar on Central Bank Digital Currencies (CBDCs) detailing the European Central Bank's ambitions for the Digital Euro. Click here to watch the recap and download the presentation where we delve into definitions, characteristics, use cases, and more👉 https://lnkd.in/eATkCtiU #centralbankdigitalcurrency   #cbdcs   #digitaleuro

Will Central Bank Digital Currencies (CBDCs) Impact Cross-Border Payments in 2024? With so many countries looking towards CBDCs, we set out to find out how these would impact the cross-border payments market.  Read More: https://lnkd.in/ekYrV6pt

🌍 A survey by the IMF of 19 central banks in the Middle East and Central Asia revealed that while central bank digital currencies (CBDCs) are not deemed essential, they could enhance financial inclusion and lower service costs. However, improving the digital payment environment is considered a more practical alternative. The IMF also highlighted that CBDCs might compete with local banking services and potentially threaten national financial stability. #Bitcoinworld

Digital currencies are dynamic and growing fast. From Central Bank Digital Currencies (CBDCs) to decentralised stablecoins, each type of #digitalmoney offers unique value in the evolving financial landscape. Here are the types of digital money shaping the future. Join the digital assets conversation at the Point Zero Forum in July: https://hubs.ly/Q02t_Zf80

Cross-Border Payments and CBDCs The IMF has released an insight paper on the design and policy considerations on cross-border payments with central bank digital currencies (CBDCs).