rCBDCs: Real Potential or FOMO?
Thursday 29th June
| Samuel Eddie Mogensen, Digitalization Task Force Lead, Innovation & Secretariat Financial Stability, Danmarks Nationalbank
| Michal Vodrážka, Director of the Financial Market Regulation Division III, Czech National Bank
While some consider retail CBDCs as necessary instruments in a rapidly evolving financial landscape, capable of enhancing the retail payment ecosystem and the economy, some remain agnostic.
In this session, guests from two prominent European Central Banks, Samuel Eddie Mogensen (Danmarks National Bank) and Michal Vodrážka (Czech Republic National Bank), joined FNA for a thought-provoking debate that took us back to the fundamental question, do we actually need a retail CBDC, as we examined divergent views on the potential rCBDCs offer with two jurisdictions who have no immediate plans to design or test one.
Session #18 Guests
|Samuel Eddie Mogensen
Digitalization Task Force Lead, Innovation & Secretariat Financial Stability, Danmarks Nationalbank
Samuel Eddie Mogensen (M. Sc. Economics) is leading the Digitalization Task Force at the Danish Central bank, Danmarks Nationalbank. The task force is focusing on key digital trends that may have an impact on financial stability, such as central bank digital currencies, crypto, stablecoins and DeFi, as well as big techs.
Before joining Danmarks Nationalbank Samuel worked with competition law and antitrust cases in the financial sector at the Danish Competition Authority and at the European Commission at DG COMP. During the last couple of years, Samuel has been focused on developing the central banks assessment of new digital types of money, including analyzing and testing key arguments for and against issuing a retail CBDC.
Director of the Financial Market Regulation Division III, Czech National Bank
Michal has been working for the Czech National Bank since 2010, dealing with regulatory and policy issues of payments, innovation, and consumer protection.
He holds master’s degrees in law from University of West Bohemia, and in public policy from South Korean KDI School of Public Policy and Management.
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