José Manuel is the Director of the Financial Innovation and Market Infrastructures Department. He joined the Bank of Spain in 1996 and is chair of the Working Group of Green Finance in the BIS Innovation Network and represents the Bank of Spain in the HLTF on the Digital Euro as alternate and in the CEMLA Foro Fintech.

Bank of Spain is the central bank of Spain.

The presentation will provide an overview of the digital euro project, covering aspects such as the motivations behind its potential issuance, its main design features and the latest developments, as well as future steps. The work on wholesale CBDCs will also be addressed, presenting the experiments that the Banco de España and the Eurosystem are carrying out with the aim of assessing their potential to enhance the functioning of financial market infrastructures.

Panel discussion: Design & Policy decisions

This panel will delve into the critical design choices and policy frameworks necessary for the successful implementation of CBDCs. Topics will include technological infrastructure, regulatory considerations, financial stability, and cross-border interoperability. The discussion aims to provide a comprehensive understanding of how to navigate the complex landscape of CBDC development to enhance the efficiency, security, and inclusivity of the global financial system.