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Are crypto-assets a threat to financial stability? Speech prepared for the seminar series Women in Finance - University of Hohenheim
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Weidmann: “A digital euro needs to provide a clear value added to euro area citizens”
14.09.2021 DE
Introducing central bank digital currency (CBDC) is not an end in itself, believes Jens Weidmann. Rather, a digital euro needs to provide a clear value added to the citizens of the euro area. “CBDCs should only be issued if the perceived benefits outweigh any potential drawbacks or risks,” the Bundesbank President said in a speech at a virtual conference.
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More card transactions and cross-border credit transfers in Germany
The results of the payments statistics for 2017 show that payments are becoming more digital and are increasingly made within Europe. More than 21 billion non-cash payments were made in Germany last year – around 3% more than the year before. These payments were executed on approximately 103 million current accounts. The average balance on these accounts thus rose by almost 12% to around €13,000.
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Direktinvestitionen und Standort Deutschland Diskussionspapier 02/1997: Thomas Jost
4 MB, PDF
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The turning of the tides – banks and the turnaround in interest rates Speech delivered at the Deutsche Bundesbank’s symposium on banking supervision