FNA founder and CEO Kimmo Soramaki recently joined presenter Alice Baxter on the BBC World News to discuss the G7’s principles for Retail Central Bank Digital Currencies and explain how simulation and analytics can help Central Banks predict the impact of introducing them into their economies. 

 

Watch the full interview here:

 

The guidelines set out by the G7 stating that any digital currency issued by a central bank must ‘do no harm’. Kimmo explained the significance of the G7’s endorsement of CBDCs as the G7 starts to investigate  policy issues surrounding digital currencies. 

 

Earlier this year, FNA introduced its new CBDC Simulation solution, aimed at helping Central Banks model and simulate the impact of introducing a CBDC and reduce risks associated with their implementation. 

 

Together with new partners, Giesecke + Devrient, FNA is able to provide unparalleled subject matter expertise and market access across the modelling, simulation and development of CBDCs as the firms focus on building the future of money. 

 

You can also catch Kimmo discussing the impact of CBDCs on this Global Risk Regulator podcast.

More News

FNA joins episode 2 of the DEA’s TechyTuesday series

From the Digital Euro Association   The Digital Euro Association’s Valentin Seehausen and Tamara F Schmidt interview Dr Carlos León and José Fernando Moreno Guitiérrez in episode 2 of the DEA’s series, TechyTuesday.  Together, Carlos and José presented FNA’s CBDC Simulation solution, highlighting the importance of CBDC simulation for designing a better CBDC. Watch the […]

The FMI Broadcast Session #7

Oversight Challenges Brought on by FMI Evolution Tuesday 13th December, 2 pm (UK)   How are new regulations contributing to the operational resilience of decentralized payment systems in wholesale banking? Patrick Papsdorf (Head of Payments Oversight, European Central Bank) and Claudine Hurman (Director of Infrastructures, Innovation and Payments, Banque de France) join the FMI Broadcast to discuss.    […]

The CBDC Broadcast Session #12

CBDC Interoperability in Cross-border payments Thursday, 8th December 2022 In session #12, we look at how CBDC Interoperability can help solve the challenges of cross-border payments with guests Simon Chantry (Co-founder & CIO, Bitt) and John Kiff (Head of CBDC/Digital Capital Markets Advisory, CBDC Think Tank)    Register and subscribe to the series:    Agenda: […]
Copyright FNA © 2022 | Privacy Policy