Hi guys, the next KSE Crypto Club event will be held in the | KSE Crypto Club
Hi guys, the next KSE Crypto Club event will be held in the format of a panel discussion and will be dedicated to the topic - e-hryvnia, what should be its design?
The event will be held on December 9 at 19.00 in a hybrid format: offline (KSE campus, 3 Shpaka Street, Kyiv) + online stream.
A CBDC (Central Bank Digital Currency) is virtual money, backed and issued by central banks. As cryptocurrencies and stablecoins have become more popular, the world’s central banks have realized that they need to provide an alternative—or let the future of money pass them by.
As of November 2021, 87 countries (representing more than 90% of world GDP) are exploring CBDC. Leaders in this direction are China, Sweden, Canada, and, not surprisingly, Ukraine, where a pilot test of e-hryvnia was conducted back in 2018-2019.
CBDCs, such as e-hryvnia, open up many opportunities, such as simplification of the monetary and fiscal policies implementation, elimination of third-party risks, prevention of illicit activity. They also help with the inclusion of the unbanked to the economy. On the other hand, as the result of a poor design of CBDC, they may also introduce a lot of risks for the financial systems and economies.
Panelists:
Tymofiy Mylovanov - President of the Kyiv School of Economics, former Minister of Economic Development, Trade and Agriculture of Ukraine (August 2019 to March 2020). He also has been holding the position of Deputy Chairman of the Board of the National Bank of Ukraine during 2016-2019.
Michael Chobanian - Founder of KUNA.io, the first in Eastern Europe and CIS cryptocurrency exchange, President of the "Blockchain Association of Ukraine" (BAU), and Founder of UAX - stablecoin type cryptocurrency backed on a one-to-one reserve ratio to the hryvnia.
The number of seats is limited, so if you are planning to attend the event in an offline format, please register through the following form:
https://forms.gle/jkYKh3S7z9578n5H8
The link for the online stream will be posted 10 minutes before the start of the event.
See you soon.
