Regulation will play a crucial role in unlocking the potential of Central Bank Digital Currencies (#CBDCs).
In our news paper published in the Competition Policy International TechREG Chronicle, we had the pleasure to team up with R. Jesse McWaters, Joy Wann, and Christoph Baert from Mastercard to examine key principles for CBDC regulation.
We emphasize the importance of promoting competition and innovation in CBDC regulation. Policymakers should ensure that CBDCs complement existing payment solutions, foster a competitive ecosystem, and effectively engage the private sector to establish fair standards and interoperability. These principles should also inspire the regulatory framework of the Digital euro.
Special thanks to Samuel Sadden and the Competition Policy International team for this opportunity.
Looking forward to hearing your thoughts! Please drop us a line with any comments or questions.