Our next ULME seminar takes place on Thursday, June 13, at 4:15 pm (Heho 18, 1.20). Christian Hofmann (National University of Singapore) will talk about “New forms of private and public money: challenges and opportunities”. The abstract is attached below. Christian will be around in the afternoon, if you like to talk to him, please let me know. After the talk we will have dinner in the city center and you are very welcome to join us.

Hope to see you then!

Best,-
Sandra Ludwig, Prof. Dr., Institut für Volkswirtschaftslehre, Uni Ulm
 
Abstract: The monetary landscape is undergoing significant changes. Cryptocurrencies, Stablecoins, and Central Bank Digital Currency (CBDC) are disrupting the traditional forms of store of value and means of payment consisting of cash, central bank reserve money, and commercial bank money. Concerns about the stability of fiat money, access issues to cashless payment systems in underserved areas, and slow progress in cross-border payment and settlement systems are driving these shifts. However, these developments also pose important questions. Are stablecoins more than just investment vehicles? If so, how should they be regulated? Is it technically and legally possible to limit CBDC holdings? What implications does this new pluralism of easily transferable value have for financial stability, monetary policy, the legal tender concept, and banking privileges?
The seminar will explore these and other questions, and all participants are invited to engage in lively discussions with the speaker.