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diff --git a/template/news/2022-07.html.j2 b/template/news/2022-07.html.j2 new file mode 100644 index 00000000..823a2c35 --- /dev/null +++ b/template/news/2022-07.html.j2 @@ -0,0 +1,39 @@ +{% extends "common/news.j2" %} {% block body_content %} + +<h1>2022-6: "A digital euro and the future of cash"</h1> + +<h2>Background</h2> +<p> +The <a href="https://www.oenb.at/">Central Bank of Austria</a> has +published a report in the context of a workshop +<a href="https://www.oenb.at/Termine/2022/2022-06-21-workshop-euroat20.html">celebrating 20 years of +Euro-denominated cash</a>. The report discusses the future of cash, +including account- and blockchain-based designs, as well as +<a href="https://taler.net/">GNU Taler</a>. +</p> +<h2>Abstract</h2> +<p> +What is the discussion about a digital euro – and, more generally, digital +central bank currencies – all about? We are focusing here on the future of +cash. For strategic reasons, central banks are seeking to provide a credible +and viable public anchor for digital money given that the future might be +shaped more strongly by new private issuers of money. The technological +structures and business model-driven incentives of the new players, which are +associated with the internet economy and thrive on network effects, might lead +to a concentration of significant market power in payments. Ultimately, this +might even result in a fragmented monetary system and jeopardize universal +access to public money. From a central bank’s perspective, the crucial +question is therefore not so much about replacing cash with new payment +technologies but about finding ways to ensure that the monetary system will +continue to work in the public interest in a digital future. Cash will, and +should, play a role also in a future monetary system. By creating a digital +euro, central banks in the euro area aim to adapt cash in such a way that it +meets the needs of the digital age. +</p> +<h2>Download links</h2> +<ul> + <li><a href="https://www.oenb.at/dam/jcr:0e3c00d6-2e0a-4089-b23c-5604e60ebde5/07_Mop_Q1-2_22_A-digital-euro-and-the-future-of-cash.pdf">Original publication (Oesterreichische Nationalbank)</a></li> + <li><a href="/papers/digital-euro-and-the-future-of-cash.pdf">Local copy (mirror)</a></li> +</ul> + +{% endblock body_content %} |