'Exploring Innovations in Central Banking' with Federal Reserve Bank of New York - Session 2

In partnership, the Bretton Woods Committee (BWC) and the Federal Reserve Bank of New York (New York Fed) convened a half-day conference to explore how ongoing innovation in financial markets is changing the environment in which central banks operate and how central banks can innovate through novel policy approaches and operational frameworks.

Monetary Policy, Financial Stability, and the Digital Frontier

The second panel called for contributions from the official sector, private sector, and international coordination to create the guardrails for stability in the digital financial future. While there was by no means a view that the innovation of digital finance should be stifled, there was a shared view that the role of regulators is a key one and one that regulators themselves need to fully take up. The discussion featured:

- Nellie Liang, Undersecretary for Domestic Finance, U.S. Department of the Treasury
- William C. Dudley, Chair, Bretton Woods Committee
- Per von Zelowitz, Director, Federal Reserve Bank of New York Innovation Center
- Gordon Liao, Chief Economist, Circle
- Neha Narula, Director, Digital Currency Initiative, MIT Media Lab

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