Dirk Niepelt

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Dirk Niepelt

Central Banks Have Accepted a Future Retail CBDC

Recent indications:

  • BIS: Central banks and BIS publish first central bank digital currency (CBDC) report laying out key requirements (9 October 2020)
  • ECB: A Digital Euro (updated regularly)
  • Bank of Russia: Bank of Russia announces public discussions on digital ruble (13 October 2020)

Related recent developments:

  • Digital Dollar Project: The Digital Dollar Project Publishes Nine Pilot Scenarios to Test Elements of a US CBDC (October 2020)
  • Monetative e.V.: Digitales Zentralbankgeld aus Sicht der Zivilgesellschaft (June 2020)
This entry was posted in Notes and tagged Bank for International Settlements, Central bank digital currency, European Central Bank, Reserves for all on October 13, 2020 by Dirk Niepelt.

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Recent Posts

  • Subsidies in Switzerland
  • “Frontiers of Digital Finance,” CEPR, 2025
  • “CBDC and Monetary Architecture,” UniBe DP, 2025
  • “Macroeconomics II,” Bern, Fall 2025
  • “Makroökonomie I (Macroeconomics I),” Bern, Fall 2025
  • “A Tractable Model of Epidemic Control and Equilibrium Dynamics”, JEDC, 2025
  • “Liquidity Crisis Support made in Switzerland and the Too-big-to-fail Subsidy,” VoxEU, 2025
  • “Pricing Liquidity Support: A PLB for Switzerland”, CEPR DP, 2025
  • VOCES8: Agnus Dei by Samuel Barber
  • “Macro Finance: Assets, Government Debt, and Cryptos,” Bern, Spring 2025
  • “Fiscal and Monetary Policies,” Bern, Spring 2025
  • Does the US Administration Prohibit the Use of Reserves?
  • “Pricing Liquidity Support: A PLB for Switzerland”, UniBe DP, 2025
  • “Report by the Parliamentary Investigation Committee on the Conduct of the Authorities in the Context of the Emergency Takeover of Credit Suisse”
  • “Governments are bigger than ever. They are also more useless”
  • The New Keynesian Model and Reality
  • Urban Roadway in America: Land Value
  • “Macroeconomics II,” Bern, Fall 2024
  • “Makroökonomie I (Macroeconomics I),” Bern, Fall 2024
  • “Money and Banking with Reserves and CBDC,” JF, 2024

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