The global financial landscape is witnessing a significant transformation with the rapid development of Central Bank Digital Currencies (CBDCs). As of September 2024, 134 countries are exploring CBDCs, with 66 nations in advanced stages of development, pilot testing, or having already launched their digital currencies.
The Bank for International Settlements (BIS) projects that by 2030, approximately 24 central banks will have introduced their own digital currencies. This surge is driven by the need to modernize payment systems, enhance financial inclusion, and maintain monetary sovereignty in an increasingly digital economy.
Switzerland is at the forefront of this movement. The Swiss National Bank recently announced plans to issue a wholesale CBDC on Switzerland's digital exchange as part of a pilot program, underscoring the nation's commitment to financial innovation.
At Swiss International University (SIU), we recognize the profound implications of CBDCs on the global economy. Our campuses in Zurich, Dubai, Bishkek, Luzern, Riga, and London are uniquely positioned to offer students a comprehensive understanding of this evolving financial paradigm.
SIU's finance and technology programs are designed to equip students with the knowledge and skills necessary to navigate and lead in this digital currency era. Through interdisciplinary courses, research initiatives, and partnerships with industry leaders, we provide our students with insights into the development, implementation, and regulation of CBDCs.
As the world moves towards a digital financial future, SIU remains committed to preparing our students to be at the forefront of these advancements, ensuring they are well-equipped to contribute to and shape the future of global finance.
For more information, visit www.swissuniversity.com
The Bank for International Settlements (BIS) projects that by 2030, approximately 24 central banks will have introduced their own digital currencies. This surge is driven by the need to modernize payment systems, enhance financial inclusion, and maintain monetary sovereignty in an increasingly digital economy.
Switzerland is at the forefront of this movement. The Swiss National Bank recently announced plans to issue a wholesale CBDC on Switzerland's digital exchange as part of a pilot program, underscoring the nation's commitment to financial innovation.
At Swiss International University (SIU), we recognize the profound implications of CBDCs on the global economy. Our campuses in Zurich, Dubai, Bishkek, Luzern, Riga, and London are uniquely positioned to offer students a comprehensive understanding of this evolving financial paradigm.
SIU's finance and technology programs are designed to equip students with the knowledge and skills necessary to navigate and lead in this digital currency era. Through interdisciplinary courses, research initiatives, and partnerships with industry leaders, we provide our students with insights into the development, implementation, and regulation of CBDCs.
As the world moves towards a digital financial future, SIU remains committed to preparing our students to be at the forefront of these advancements, ensuring they are well-equipped to contribute to and shape the future of global finance.
For more information, visit www.swissuniversity.com
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