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SusTech Talk-The Sustainability Challenges of Central Bank Digital Currency (CBDC).
January 26 @ 6:00 pm - 8:00 pm
Bitcoin and other digital currencies related topics continue to grab the headlines and attract attention of many people including a large number of investors. Cryptocurrencies popularity, easy access, and fast adoption rate have made the governments around the world pay attention to their significant political and financial ramifications, and seriously consider issuing their own digital currencies based on their own Central Banks policies and regulations. These digital currencies have been publicized as “Central Bank Digital Currencies” or “CBDC” for various countries with specific challenges and risks related to financial stability, operational resilience, consumer protection, interoperability, privacy, inclusion, money laundering, taxation, terrorist and proliferation financing, cybersecurity, market integrity, governance, legal certainty, etc. In this talk, we will review these topics as well as the state of CBDC around the globe, the pros and cons of going completely cashless, Blockchain role as potential core technology, and political economic implications and challenges of a cashless world. This SusTech Talk is leading up to the SusTech 2022 conference https://ieee-sustech.org/ Speaker(s): Farhad Mafie , Agenda: Talk Starts at 6 PM Virtual: https://events.vtools.ieee.org/m/298887