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Central Bank Digital Currencies – the Future of the Monetary System? (Foreign and Comparative Law Webinar Series)
The Foreign and Comparative Law Webinar Series of classes is designed to shed light on some of the foreign and comparative law issues currently being researched by the foreign law and international law experts at the Law Library of Congress.

In this entry in the series, Foreign Law Specialist Jenny Gesley will discuss central bank digital currencies (CBDCs) and how they fit in the general monetary system. In particular, the webinar will discuss the definition of money, fiat currencies, digital currencies, cryptocurrencies, and their similarities and differences. Will CBDCs eventually replace cash? What effect will they have on cryptocurrencies? Specific examples from jurisdictions around the world and their progress with CBDCs, including the Bahamas, China, Sweden, the European Union, Great Britain, and the United States, will be highlighted.

Please request ADA accommodations at least five business days in advance by contacting (202) 707-6362 or ada@loc.gov.

NOTE: Please disregard any "event is over capacity" notice for this event, if you receive one from Zoom.

May 27, 2021 02:00 PM in Eastern Time (US and Canada)

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