Online course

Central Bank Digital Currencies

February 24-28, 2025

INSTRUCTOR: International Monetary Fund (IMF)

DATE: Februrary 24 – 28, 2025

SCHEDULE: 09:00 to 12:30 hours (Mexico City time)

LANGUAGE: English

LIMITED TO: 1 participant per institution

REGISTRATION DEADLINE: February 14, 2025

CONTACT ASBA: Nancy Vallejo Guerra

Course Overview

The course is designed to provide participants with a foundation on central bank digital currencies (CBDCs). It evaluates the adoption of CBDCs from the perspectives of both users and central banks.

The course covers topics such as digitalization, different forms of CBDCs, design considerations, and a conceptual framework. It also addresses the benefits, costs, and risks of CBDCs, as well as their implications for financial stability, banking intermediation, monetary policy, and financial inclusion.

Time is dedicated to regulatory considerations at both the national and international levels. Additionally, case studies allow participants to reflect and discuss the experiences of various countries and understand successful strategies, as well as the reasons why some countries have yet to implement CBDCs.

Objective

  • Explain de economic rationale for the use of CBDCs compared to other payments instruments.
  • Use the framework presented in the course to think about the design and implementation of CBDCs.
  • Use the concepts introduced in the course to assess the benefits and costs of CBDCs.
  • Identify threats to financial stability and various risks based on country case studies.
  • Extract lessons from country pilots to try to prevent design pitfalls.

Participant Profile

  • Mid-level to senior officials in central banks and other agencies dealing with regulation of the financial sector.
  • Participants are expected to have an advanced degree in economics or finance or equivalent work experience.

Instructor