For note: The Joint Vienna Institute is a regional training center for public sector officials in Central, Eastern, and Southeastern Europe, the Caucasus, and Central Asia. It was founded in 1992 by the Austrian government, the International Monetary Fund, and several other international organizations.

As noted in the webinar, the emergence of digital monetary instruments is transforming how money is issued, transferred, and stored—raising fundamental questions for competition, monetary sovereignty and policy, and financial stability. 

The event took a comprehensive, up-to-date view of these developments, covering central bank digital currencies (CBDCs), stablecoins, tokenized deposits, among the various emerging forms of digital money, from a macro-financial perspective. 

The webinar was organized by representatives of the European Central Bank, the International Monetary Fund, and the National Bank of Kazakhstan.

The event examined the benefits, risks, and implications of digital money policies for countries in the JVI region. Experts provided examples of how regional economies with leading fintech (financial technology) are developing their digital asset strategies.

Representatives of the European Central Bank and the International Monetary Fund shared their findings and perspectives relevant to economies in the JVI region and beyond.