Regulation will play a crucial role in unlocking the potential of central bank digital currencies.
In a paper published in the Competition Policy International TechREG Chronicle, Andrea De Matteis joined R. Jesse McWaters, Joy Wann and Christoph Baert to examine key principles for CBDC regulation.
The paper emphasises the importance of competition and innovation. Policymakers should ensure that CBDCs complement existing payment solutions, support a competitive ecosystem and involve the private sector in developing fair standards and interoperability. These principles are also relevant to the regulatory framework for the digital euro.