Introduction – 130 Central Banks have CBDC Projects Since we last reported on the ECB’s thinking about CBDCs1, multiple central banks have undertaken research in designing, operating and selling CBDCs.…
Digital
In the past, Europe held a prominent position in the semiconductor industry, accounting for 44% of the global chip market share. However, soon after the turn of this century, manufacturers…
Central banks should be wobbling in their drive towards Central Bank Digital Currencies
Introduction Central banks have undertaken many investigations, pilots and proofs-of-concept into Central Bank Digital Currencies (CBDCs), proving little beyond the lack of a convincing case in their favour, but unearthing…
Artificial Intelligence (AI) will soon become a major force in the economy, affecting nearly all aspects of production and consumption as well as the labour market. Many jobs which in…
Digital Payments Leave Major Debris for Customers and Legislators to Clear Up
Cost, inconvenience and fraud have been increased for consumer and business users on their ‘digital payments journey’.1 Current plans for the introduction into the UK of a Central Bank Digital…
Reframing the Debate on Online Speech: The Search for Ideological Coherence and Sound Ideological Grounds Between Freedom of Expression, ‘Economic Speech’ and Freedom to Conduct a Business
WP 2022-10. Executive Summary There is already a vast literature on the freedom to express one’s thoughts online. Most of this body of work, however, even analyses based on apparently…
Digital Authoritarianism is on the rise: The threat to the U.S Data freedom approach
When the Internet became commercially available at the end of the 20th century, people thought it would be a powerful tool that would favour democracy worldwide. Consistent with the free-market…