The Bank of Italy is hosting an international workshop in Rome, jointly organised with the European Central Bank, the Euro Area Business Cycle Network and the Centre for Economic Policy Research, on how digital assets affect monetary policy transmission. The event focuses in particular on stablecoins and central bank digital currencies and brings together academics, economists and representatives of European and international financial institutions. The programme includes opening remarks by Deputy Governor Chiara Scotti on digital money and trust in financial markets, a keynote lecture by Hélène Rey on currency internationalisation and crypto-assets, and three thematic sessions covering liquidity provision, the impact of stablecoins on safe asset prices, financial stability and the dynamics of monetary policy transmission. It also includes an interview with Piero Cipollone, a member of the European Central Bank's Executive Board.
Bank of Italy 2026-05-04
Bank of Italy hosts joint workshop with European Central Bank on digital assets and monetary policy transmission
The Bank of Italy is hosting an international workshop in Rome, jointly with the European Central Bank, the Euro Area Business Cycle Network and the Centre for Economic Policy Research, on how digital assets affect monetary policy transmission, focusing on stablecoins and central bank digital currencies. The programme features opening remarks by Deputy Governor Chiara Scotti, a keynote by Hélène Rey, three thematic sessions on liquidity provision, safe asset prices, financial stability and monetary policy transmission, and an interview with European Central Bank Executive Board member Piero Cipollone.