Merkel can help Christian Democrats, OMFIF-IBM digital currencies report

Banking, Markets, News, Politics and Government — By on November 8, 2018 at 6:12 AM

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Commentary: Merkel can help Christian Democrats

By Michael Stürmer and David Marsh in Berlin

German Chancellor Angela Merkel bequeaths a political legacy that leaves leadership of Europe’s most powerful economy in less than wholly secure hands. The result of her manoeuvring is a country with seven major political parties competing in parliament. Those bidding for Merkel’s job will need to keep an eye on a possible revival of the earlier-considered four-party coalition. By choosing to bow out before the next election, Merkel would render the CDU great service by weakening its main adversary and nurturing its most propitious ally.

Read the full commentary on the website.

Meeting: Central bank digital currencies

The issue of central bank digital currencies has come to the fore over the last two years. Although a relatively new popular phenomenon, digital currencies have existed for decades.

This report, a collaboration between IBM Blockchain World Wire and OMFIF, explains the purpose of wholesale central bank digital currencies, as well as the motivations and business case for central banks to adopt wholesale CBDCs.

Download the report.

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