Preparing Europe for digital finance
A new phase of digital finance is taking shape, says Piero Cipollone. The ECB aims to achieve an integrated European market for digital assets, with safe central bank money as the backbone of the system
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Crypto
Securing financial sovereignty
Governments globally have been ramping up initiatives to modernize their digital payment and financial systems. S Yash Kalash writes that nations must guard, strengthen digital rails to secure financial sovereignty
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Challenges to financial stability
Andrew Bailey reflects on the reforms made to the financial system since the 2008 financial crisis. He addresses the challenges these reforms face in an ever-changing world and says the regulatory system of the future must be constantly assessed and adapted as needed
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Technological advancements in payments
The payment system is experiencing a technology-driven revolution. Christopher Waller outlines how the Fed is exploring the integration of emerging technologies such as tokens, smart contracts and AI into the payments system
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Harnessing the digital future of payments
A sovereign Europe needs a future-proof currency, says Piero Cipollone. This what the digital euro offers – it will support innovation, reduce reliance on foreign providers and ensure secure digital payments for all
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The digital euro: retaining control
The digital euro is not just about creating a new form of money, says Philip R Lane. It is about ensuring that Europe retains control over its monetary and financial destiny in the digital age against increasing geopolitical fragmentation
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Cefi or defi: substitutes or complements?
Christopher Waller discusses the roles of centralized and decentralized finance, and whether they are substitutes or complementary to each other
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Innovation, integration and independence
Innovative, integrated and independent retail payments are crucial components of our monetary system. As payments transition into the digital era, Piero Cipollone discusses taking the Single Euro Payments Area to the next level
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The naked emperor’s new clothes
Bitcoin has failed on the promise to be a global decentralised digital currency. Ulrich Bindseil and Jürgen Schaaf argue that the latest approval of an ETF doesn’t change the fact that Bitcoin is not suitable as means of payment or as an investment
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Responsible innovation in money and payments
Innovations in money and payments continue to be of primary importance. Michelle Bowman caution against solutions that could disrupt and disintermediate the banking system
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