## Thinking through Central Bank Digital Currency (TCBDC)

## Source details

**Canonical URL:** [Thinking through Central Bank Digital Currency (TCBDC)](https://www.imf.org/en/capacity-development/training/icdtc/courses/tcbdc)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/courses/tcbdc/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/courses/tcbdc/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/courses/tcbdc/bundle-manifest.json)

## Bibliographic details
- Published: July 24, 2025

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### Course overview and format
- 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.

### 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.

### Course objectives
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.

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## References

- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)
- [Macroeconomic Management in Resource Rich Countries (MRC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/mrcce26-44)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/courses/tcbdc_