Celesq® Programs

Sovereign and Central Bank Digital Currency Is Cash Still the King?

Expired
Program Number
3079
Program Date
2020-05-27
CLE Credits
1

With the ease of using a mobile bank, one might forget that all current monetary systems are based on the fact that technically only physical bills and coins are legal tender. The need to build digital layers on top of this setup leads to inherent friction. Why is not money natively digital? After the rise of Bitcoin and other digital blockchain based assets, practically every central bank around the world is now exploring the potential risks and benefits of turning money digital. The attorneys in this program are helping countries to issue natively digital sovereign currencies. They discuss the reason and future of Central Bank Digital Currencies, different approaches that countries are taking, and the roadblocks that need to be overcome before this major shift in the theory and makeup of money can happen.

Available in States

  • California
  • Georgia
  • New Jersey
  • New York
  • Texas Self Study

Program Categories

  • Banking & Finance Law
  • Business Law
  • Business Organizations & Contracts
  • Computer, Internet & E-Commerce Law
  • Criminal Practice & Procedure
  • Cryptocurrency
  • Federal Courts
  • Intellectual Property Law
  • International Law
  • International Law & Global Trade
  • Securities & Investing

PROGRAM CREDITS

  • Areas of Professional Practice : 1 Credit