Central Bank Digital Currencies: Britcoin & the Key Legal Issues

Introduction

This webinar provides a practical overview of Central Bank Digital Currencies (CBDCs), examining what they are, why they are being considered, how they may impact the financial system and key legal and other issues arising. It will put viewers in a position to understand what CBDCs are, the potential benefits and risks involved in their introduction, the UK’s position vis à vis other jurisdictions, the main alternatives and alternative approaches, and the current status of work on a CBDC framework for potential issuance by the Bank of England.

What You Will Learn

This webinar will cover the following:

• What is a Central Bank Digital Currency?
• Potential benefits
• Potential risks and mitigants
• Why are we concerned about it now?
• Alternatives
• Possible design principles for a UK CBDC