About
Economist & technologist specialising payment systems, digital currencies, cryptoassets…
Activity
-
I am very excited to be stepping into a new role at New Economy Organisers Network (NEON) as Co-Director of the Comms Hub alongside Matthew Butcher…
I am very excited to be stepping into a new role at New Economy Organisers Network (NEON) as Co-Director of the Comms Hub alongside Matthew Butcher…
Liked by Ben Dyson
-
What a fascinating week it has been at the #SFF2024! 1️⃣ #Instant cross-border payments as a global public good 🌍 Really enjoyed moderating an…
What a fascinating week it has been at the #SFF2024! 1️⃣ #Instant cross-border payments as a global public good 🌍 Really enjoyed moderating an…
Liked by Ben Dyson
-
Nexus has always had the ambition to be a global structure. This is the first step towards realising that ambition. We look forward to working with…
Nexus has always had the ambition to be a global structure. This is the first step towards realising that ambition. We look forward to working with…
Liked by Ben Dyson
Experience
Education
Licenses & Certifications
Publications
-
Broadening Narrow Money: Monetary Policy with a Central Bank Digital Currency
International Journal of Central Banking
This paper discusses central bank digital currency (CBDC) and its potential impact on the monetary transmission mechanism. We first offer a general definition of CBDC which should make the concept accessible to a wide range of economists and policy practitioners.We then investigate how CBDC could affect the various stages of transmission, from markets for central bank money to the real economy. We conclude that monetary policy would be able to operate much as it does now, by varying the price…
This paper discusses central bank digital currency (CBDC) and its potential impact on the monetary transmission mechanism. We first offer a general definition of CBDC which should make the concept accessible to a wide range of economists and policy practitioners.We then investigate how CBDC could affect the various stages of transmission, from markets for central bank money to the real economy. We conclude that monetary policy would be able to operate much as it does now, by varying the price or quantity of central bank money. Transmission may even be strengthened for a given change in policy instruments.
Other authorsSee publication -
Bank of England: Central Bank Digital Currencies - opportunities, challenges and design
Bank of England
The Bank of England's first discussion paper on Central Bank Digital Currencies.
-
Can 'stablecoins' be stable?
Bank Underground
Cryptoassets (or ‘cryptocurrencies’) are notoriously volatile. For example, in November 2018, Bitcoin – one of the more stable cryptoassets – lost 43% of its value in just 11 days. This kind of volatility makes it difficult for cryptoassets to function as money: they’re too unstable to be a good store of value, means of exchange or unit of account. But could so-called ‘stablecoins’ solve this problem and finally provide a price-stable cryptoasset?
-
Broadening Narrow Money: Monetary Policy with a Central Bank Digital Currency
Bank of England
This paper discusses central bank digital currency (CBDC) and its potential impact on the monetary transmission mechanism. We first offer a general definition of CBDC which should make the concept accessible to a wide range of economists and policy practitioners. We then investigate how CBDC could affect the various stages of transmission, from markets for central bank money to the real economy. We conclude that monetary policy would be able to operate much as it does now, by varying the price…
This paper discusses central bank digital currency (CBDC) and its potential impact on the monetary transmission mechanism. We first offer a general definition of CBDC which should make the concept accessible to a wide range of economists and policy practitioners. We then investigate how CBDC could affect the various stages of transmission, from markets for central bank money to the real economy. We conclude that monetary policy would be able to operate much as it does now, by varying the price or quantity of central bank money, and that transmission may even strengthen for a given change in policy instruments.
Projects
-
Nexus - a blueprint for cross-border payments
This project provides a blueprint for a scalable cross-border payments network, Nexus, that would connect instant payment systems (IPSs) in multiple countries, enabling them to offer cross-border payments that reach their destination within 60 seconds.
More activity by Ben
-
I wrote a book. On my favourite topic! And today we did a pre-launch as part of Innovate Finance’s Diversiry Power Hour hosted in the heart of London…
I wrote a book. On my favourite topic! And today we did a pre-launch as part of Innovate Finance’s Diversiry Power Hour hosted in the heart of London…
Liked by Ben Dyson
-
One of the most talked about topics of the week at Point Zero Forum Zurich, was the report from Project Nexus: Enabling instant cross-border…
One of the most talked about topics of the week at Point Zero Forum Zurich, was the report from Project Nexus: Enabling instant cross-border…
Liked by Ben Dyson
-
We did it! 🙌🏽 We completed a comprehensive Nexus blueprint to enable instant cross-border at scale and kicked off the next phase of the project to…
We did it! 🙌🏽 We completed a comprehensive Nexus blueprint to enable instant cross-border at scale and kicked off the next phase of the project to…
Liked by Ben Dyson
-
It's amazing how quickly time passes. It's now almost a year since we kicked off these global conversations at the PZF last year. My colleagues and…
It's amazing how quickly time passes. It's now almost a year since we kicked off these global conversations at the PZF last year. My colleagues and…
Liked by Ben Dyson
-
15 years ago today, I kicked off my career at a small NGO in the Netherlands specializing in prevention, treatment, care and support mechanisms for…
15 years ago today, I kicked off my career at a small NGO in the Netherlands specializing in prevention, treatment, care and support mechanisms for…
Liked by Ben Dyson
-
BISIH @ Langkawi 🇲🇾 We started the year with a productive 2-day Nexus meeting and workshop in the island of Langkawi, off the northern coast of…
BISIH @ Langkawi 🇲🇾 We started the year with a productive 2-day Nexus meeting and workshop in the island of Langkawi, off the northern coast of…
Liked by Ben Dyson
-
To my LinkedIn network, Today, I'm reaching out with an important announcement regarding my role as CEO of GLEIF. After a decade of incredible…
To my LinkedIn network, Today, I'm reaching out with an important announcement regarding my role as CEO of GLEIF. After a decade of incredible…
Liked by Ben Dyson
-
Run when you can, walk if you have to, crawl if you must, just never give up! I reached a personal milestone last weekend by completing my first…
Run when you can, walk if you have to, crawl if you must, just never give up! I reached a personal milestone last weekend by completing my first…
Liked by Ben Dyson
-
So after almost exactly 12 years, I am stepping back from my full time role as Joint Managing Director of Abundance Investment to become one of its…
So after almost exactly 12 years, I am stepping back from my full time role as Joint Managing Director of Abundance Investment to become one of its…
Liked by Ben Dyson
Other similar profiles
Explore collaborative articles
We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.
Explore MoreOthers named Ben Dyson in United Kingdom
-
Ben Dyson
-
Ben Dyson
Talent Agent at LoLA Management
-
Ben Dyson
-
Ben Dyson
Interim Programme Director, NHS People Plan at NHS England/NHS Improvement
40 others named Ben Dyson in United Kingdom are on LinkedIn
See others named Ben Dyson