Navigating the new reality in finance, examining the implications and benefits of financial technology
Stablecoins are not an efficient way to strengthen the international role of the euro, says Christine Lagarde. The best solution to do so remains: deeper capital market integration through the savings and investment union and a stronger safe asset base
Stablecoins and the future of money: separating functions from instruments Read More »
A new phase of digital finance is taking shape, says Piero Cipollone. The ECB aims to achieve an integrated European market for digital assets, with safe central bank money as the backbone of the system
Preparing Europe for digital finance Read More »
Europe must not take its monetary sovereignty for granted in a world undergoing geopolitical and technological changes, says Piero Cipollone. Reducing excessive dependencies in payments and finance is key for resilience, competitiveness and economic security
Europe and monetary sovereignty Read More »
The international and technological frontier for retail payments is advancing. Sarah Breeden sets out how the Bank of England is leading the design of the UK’s next generation retail payments infrastructure, while also supporting private sector innovation in the interim
Talking ’bout next generation Read More »
Calls for a digital euro increasingly invoke monetary sovereignty. Lucrezia Reichlin argues that an effective defence of monetary sovereignty will continue to depend on regulation, fiscal capacity, and the ECB’s willingness to absorb risk when it matters
Central bank digital currency and monetary sovereignty Read More »
AI offers substantial benefits to society. Stephen Cecchetti, Robin Lumsdaine, Tuomas Peltonen and Antonio Sánchez Serrano discuss significant concerns regarding risks to the financial system and propose a mix of competition and consumer protection policies address these vulnerabilities
Artificial intelligence and systemic risk Read More »
The financial landscape is evolving rapidly. Randy Kroszner sets out a ‘practical guide’ for promoting innovation and supporting growth in the economy, while maintaining financial stability
Promoting innovation while guarding against financial stability risks Read More »
Governments globally have been ramping up initiatives to modernize their digital payment and financial systems. S Yash Kalash writes that nations must guard, strengthen digital rails to secure financial sovereignty
Nations must strengthen digital rails to secure financial sovereignty Read More »
AI is transforming finance faster than the authorities can adapt. Jon Danielsson argues that while AI enhances the financial system’s efficiency, it also poses new, poorly understood risks, and ineffective supervision will mean a higher risk of financial crisis
How financial authorities should tackle AI challenges Read More »
Artificial intelligence could be revolutionary. Michael Barr discusses the opportunities presented by AI relevant for central bankers as well as the potential risks AI may pose that policymakers should consider
Artificial intelligence and central banking Read More »
