Thinking through Central Bank Digital Currency (TCBDC)

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The course focuses on the decision-making framework and project management processes for CBDC.
The course is designed to be interactive by using a combination of lectures, case studies/simulations, group or individual presentations, and panel discussions.
Lectures focus on the CBDC decision-making process that should be viewed as dynamic and iterative with multiple feedback loops to gradually evaluate the relevance of CBDC.
Self-assessment exercises are based on systematic procedures and cover use cases, pain points, requirements, solution, feasibility, proof of concepts, and pilots.
Participants apply the decision-making process to a hypothetical country case study after gaining a basic understanding, to understand thoroughly the problem to be solved and the full array of solutions.
After the hands-on self-assessment experience, results are discussed through group presentations and de-briefings.

Mid- to senior-level officials working in the payment, legal, technology, monetary policy, financial stability, and Fintech/innovation departments at the central bank and in positions with similar responsibilities.

Participants should have experience in operations, policy, and/or oversight in one or more of the following areas: payments, legal, technology, monetary policy, financial stability, and Fintech/innovation.

Upon completion of this course, participants should be able to:

Understand global developments and trends of both wholesale and retail CBDC.
Evaluate the benefits, costs, risks, and requirements.
Understand CBDC¿s macro-financial implications, such as for monetary policy and financial stability.
Formulate a framework for guiding CBDC design and experimentation.
Explore the regulatory and legal changes/framework on CBDC.