Digital Asset Regulation and Central Bank Policy

The rapid growth of digital assets, including cryptocurrencies, stablecoins, and tokenized traditional assets, poses unique regulatory and policy challenges for central banks and financial regulators. This course provides a comprehensive analysis of the legal status, policy implications, and risk management requirements for this emerging asset class. Participants will explore the perimeter of regulation, the debate over investor protection versus financial stability, and the central bank's policy response to stablecoins and decentralized finance (**DeFi**), including the development of Central Bank Digital Currencies (CBDCs). The focus is on translating complex technology into actionable regulatory frameworks.