CBDCs and Britcoin - what does a digital central bank currency mean for us?

Panacea is running a series of masterclasses to provide clarity on the complex world of cryptocurrency. The issues: In June 2021, the FCA extended the temporary registrations regime for existing crypto asset businesses from 9 July 2021 to 31 March 2022. Additionally, a recent Opinium poll showed that more than 90% of UK independent financial advisers would never recommend cryptocurrencies or meme stocks to their clients. The Solution: This series of webinars will enable you to: - understand more about cryptocurrency - competently answer questions raised by clients - decide whether to embrace it as another asset class for your advised clients Bridget Greenwood from The Bigger Pie will facilitate the sessions and be joined by several experts in the field to educate you further. Synopsis: We’ve all heard the hype about Britcoin, but what is CBDC really all about? Are governments seriously considering introducing their own cryptocurrencies? (spoiler alert - No). In this session, we’ll take a look at central bank digital currencies - what are they, what are their benefits, and what does adoption of a CBDC mean for a country, its economy, financial institutions, businesses and citizens? We’ll look at how different design considerations give rise to different CBDC features, and also discuss some of the CBDC projects in flight around the world.