In this episode, we break down the basics of central bank digital currencies (CBDCs) and explore why they’re generating so much interest worldwide. Our conversation covers how CBDCs work, their potential to improve financial inclusion, and the benefits they could bring to cross-border payments. We also examine the possible downsides, such as privacy concerns and the risk of negative interest rates. With countries around the world racing to launch their own digital currencies, we discuss how CBDCs compare to cryptocurrencies and what the future might hold for this emerging financial technology.

This podcast is based on the following article:

Ozturkcan, S., Senel, K., & Ozdinc, M. (2025). Framing the central bank digital currency (CBDC) revolution. Technology Analysis & Strategic Management, 37(4), 462–479. https://doi.org/10.1080/09537325.2022.2099261