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The Italian Ambassador to the United States, Armando Varricchio, opened the webinar on "Digital Dollar & Digital Euro: An International Perspective."

Date:

11/12/2020


The Italian Ambassador to the United States, Armando Varricchio, opened the webinar on

"Digital currencies issued by Central Banks represent an evolution of the traditional banknote, with the potential to revolutionize domestic and international payment systems. Together with new opportunities, Central Bank Digital Currencies inherently also bring risks, and can give rise to consequences that are not currently fully foreseeable. Collaboration between the United States and Europe in defining technical and regulatory standards is therefore essential to ensure the efficiency, safety and, ultimately, confidence in the currency."

Promoted by the Amerigo Association, as part of the Amerigo for Law Program, the meeting provided the opportunity for a high-level dialogue between US and Italian experts. Andrea Gumina, President of the Amerigo Association, and former President Vito Cozzoli expressed great satisfaction over the outcome of the virtual event.

The debate was moderated by Francesca Forcella, and attended by US personalities including Christopher Giancarlo and Daniel Gorfine, promoters of the "Digital Dollar Project", as well as by Italian economists renowned for their studies on digital currencies, such as Filippo Zatti of the Universita’ di Firenze and Tommaso Mancini-Griffoli of the International Monetary Fund.

At the end of the webinar Rosa Giovanna Barresi, co-founder of the Amerigo for Law Program, presented the main lines of research, explored more in-depth during the dialogue between speakers and audience, thereby confirming the growing interest in monetary innovation.


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