Hyun Song Shin on CBDCs and the Future of Central Banking

Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.

The world's central bankers are facing challenges the likes of which they've never seen before. We're in a unique moment for the macroeconomy, coming out of the pandemic crisis at a rapid clip. What's more, the nature of money is changing. Cryptocurrencies are on the rise. More commerce is becoming digital. The pandemic showed weaknesses in the existing payments system. On this week's episode, we speak with Hyun Song Shin, the Economic Adviser and Head of Research at the Bank for International Settlements on the future of central bank digital currencies, and other challenges they face right now.

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