COVID-19 has accelerated the long-term passage of cash, with an 8% increase in non-cash payments in the euro area in 2020. Meanwhile, central bank digital currencies are emerging, potentially transforming the way whose money people use all over the world. What policies, practices and partnerships are needed to take advantage of the opportunities offered by the rise of digital currencies? UNSGSA Queen Máxima chats virtually alongside other panelists including Hikmet Ersek, President and CEO of Western Union, Andrew Bailey, Governor of the Bank of England, and Glenn H. Hutchins, Chairman of North Island and North Island Ventures, and co-Founder Silver Lake Partners. .
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