Aleksi Grym is Head of the Fintech division at the Bank of Finland. His team is responsible for policy work, analysis and projects covering financial technology, new payment systems and digital currencies. He is a member of the ECB's digital euro project steering group.

Bank of Finland is the central bank of Finland, part of the Eurosystem.

Panel discussion : Introducing a rCBDC – the Challenges

Retail CBDC are aimed at individual consumers and businesses, offering a digital form of central bank money for everyday transactions.

The discussion explores various challenges such as user adoption, technological infrastructure, ensuring user privacy and security, managing financial stability risks, and addressing regulatory and legal considerations. Panelists also examine the implications for financial intermediaries, the potential impact on monetary policy transmission, and the need for collaboration between central banks, regulators, and the private sector. Overall, the panel underscores the importance of careful planning, stakeholder engagement, and robust risk management frameworks in successfully introducing a retail CBDC amidst a rapidly evolving digital financial landscape.