With:

| Cameron Nili (Accenture, World Economic Forum)
| Sandra Waliczek (World Economic Forum)

Overview
Guests Cameron Nili (Accenture, World Economic Forum) and Sandra Waliczek (World Economic Forum) joined FNA to give an insight into their newly published report, ‘Modernizing Financial Markets with wCBDC‘ as we took a closer look at the key concepts explored in the report, highlighted potential benefits and challenges associated with wholesale CBDCs, and discussed critical policy considerations for central banks.

The session covered:

• Key definitions and conceptual distinctions around wholesale CBDCs (wCBDCs) and tokenized central bank money provided by the report.
• Potential benefits and use cases where wCBDCs could complement existing financial infrastructures, as well as challenges in coexisting with current systems.
• Critical issues highlighted by the report’s findings, such as liquidity management, interoperability across platforms, accessibility implications, and crucial risks for policymakers to mitigate.