Anchors and catalysts - central banks' dual role in innovation
· François Villeroy de Galhau, Governor of the Banque de France (France)
Summary written by Dark Majestic in its own words · topics: payments, digital money and crypto-assets, development and emerging economies, growth, investment and productivity
FV · François Villeroy de Galhau Wiki · Banque de France WikiAnchors and catalysts - central banks' dual role in innovationContextSpeech in Paris at a conference on the tokenisation of finance; the Banque de France keeps finance stable and supports safe innovation.
Why it mattersVilleroy explores settling tokenised assets in central bank money.
Problems raised- Finance is being tokenised.
- New players and infrastructures disrupt markets.
- Central banks must adapt.
Solutions proposed- Act as anchors and catalysts in innovation.
- Partner with private actors.
- Explore settlement in central bank money.
Read full speech on bis.org ↗More from François Villeroy de Galhau · Banque de France · all speeches
More speeches by François Villeroy de Galhau
Other leaders on payments, digital money and crypto-assets
