We already have digital money – trillions move every day, electronically. But are we on the cusp of Digital Money 2.0? Not the account-based electronic money that's been around for the past several decades, but a new type of smart and token-based digital money.
The ongoing experiments, pilots, and policy work around CBDCs could be equally if not more significant for the world of money. Central banks around the globe are warming up to CBDCs, triggered by Big Tech, and their ambitions to build alternative payment rails to existing card and bank-based payment systems.
According to Citi, "The race towards Digital Money 2.0 is on. Some have framed it as a new Space Race or Digital Currency Cold War." - what do you think?
In this event Citi will present their latest raport "FUTURE OF MONEY. CBDCs, Crypto and 21st Century Cash" and global payments leader Visa will present their strategy for crypto currencies. Circle will present their new crypto-based payout solution.