{"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-3360a1cb6c36/6be6bde2-63f1-402c-8462-caa34aa172bd?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"What impact will central bank digital currencies have on the financial system?","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/621e276f56506fd0a80e6668/621e2774d0797c0013b4300b.jpg?height=200","description":"<p>According to the Bank for International Settlements around 80 central banks are exploring or developing central bank digital currencies (CBDCs).&nbsp;</p><p><br></p><p>Some experts consider CBDCs to be among one of the most significant developments in the history of money. Depending on their design they could have a profound impact on the financial system and society.&nbsp;</p><p><br></p><p>This podcast explores a range of issues related to CBDCs, such as their design, should they be programmable, disintermediation of financial institutions, potential threats from stablecoins through to concerns around privacy.&nbsp;</p><p><br></p><p>Addressing those questions are <strong>John Velissarios Blockchain and Multiparty Systems - Digital Assets, Custody &amp; CBDC Lead at Accenture</strong> and <strong>Kimmo Soramäki, founder &amp; CEO at FNA</strong> who has worked for a number of central banks.&nbsp;</p>","author_name":"FT Specialist"}