As the macroeconomic landscape evolves amid economic uncertainty and geopolitical tensions, foreign exchange dynamics are facing tremendous repercussions. Coupled with the rapid rise of decentralized technologies like blockchain infrastructure, the very units of our financial system are prone to disruption.
Over 65 countries, including major emerging market economies, are in the process of developing central bank digital currencies (CBDCs) in attempts to regulate and adapt to the growing use of cryptocurrencies.
Professor Lourdes Casanova of Cornell’s SC Johnson Emerging Markets Institute will lead a riveting discussion featuring Mark Mobius, founder of Mobius Capital Partners, and Gabriel Soderberg, a financial sector expert at the IMF, to examine the implications that the rise of CBDCs will have on emerging market economies.
