This session will explore the potential role of Central Bank Digital Currencies in expanding Financial Inclusion. We will hear from experts representing the legal side, private sector, and field-level Central Bank experience. The panel will address the experience of various countries’ exploration and adoption of CBDCs in enhancing financial inclusion and will explore the pros and cons of CBDCs as well as a comparison with competing products. We will also evaluate the challenges of CBDCs, including operational/infrastructure, financial, legal, privacy, and behavioral. The discussion will have a particular focus on the role of CBDCs in expanding financial inclusion.
