{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/4bbb81d7-397e-4d86-a2ba-3360a1cb6c36/6356572459af790011f7fa90?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"The impact a digital euro would have on banks and the financial system - a discussion with the ECB","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/621e276f56506fd0a80e6668/show-cover.jpg?height=200","description":"<p>Central bank digital currencies (CBDCs) could usher in a revolution in the financial system creating openings for exciting new innovations. However, depending on their design, CBDCs could be disruptive, particularly for deposit taking banks.&nbsp;</p><p><br></p><p>The European Central Bank is currently studying designs for a potential digital euro. This has ignited a lively debate within policy making and banking circles.&nbsp;</p><p><br></p><p>In this podcast, <strong>Ulrich Bindseil, director general of market infrastructure and payments at the ECB</strong>, gives his take on some of the big issues surrounding a digital euro.&nbsp; </p><p><br></p><p><strong>Topics covered include: </strong></p><ul><li>Status of the ECB’s work</li><li>Financial stability considerations</li><li>Geopolitical role of the digital Euro</li><li>Design considerations </li><li>Privacy </li><li>Legal tender questions </li><li>Alternatives to a digital euro </li><li>Programmability&nbsp;</li></ul><p><br></p>","author_name":"FT Specialist"}