Training Program
Considerations For Central Bank Digital Currencies (CCBDC)
This course provides an in-depth overview of Central Bank Digital Currency (CBDC). It aims to be interactive, using a combination of lectures, case study simulations, and group discussions. The lectures cover considerations for CBDC including its positioning with existing payment systems; project management for CBDC research and development (R&D); cybersecurity risks; and macro-financial implications such as monetary policy transmission, monetary operations, as well as financial stability. The lectures also explore factors influencing CBDC adoption, data use/privacy protection, and cross-border arrangements for CBDC, providing a comprehensive overview of this evolving field. The course draws from insights from the IMF's CBDC virtual Handbook chapters, an online resource for policymakers and experts in central banks and ministries of finance, serving as the foundation for the IMF's engagements with country authorities and stakeholders. The Handbook aims to collect and share knowledge, lessons, empirical findings, and frameworks to address policymakers' most frequently asked questions on CBDC.
Target Audience
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.
Qualifications
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.
