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BIS Names CBDC Expert as Head of Euro Region Innovation Center
Raphael Auer is now an economist in the organization’s innovation and digital economy unit.
The Bank for International Settlements, the umbrella group for central banks, named Raphael Auer, an expert in central bank digital currencies (CBDCs), as the head of its innovation center for the euro region.
- Auer, 43, is now an economist in the innovation and the digital economy unit of the BIS’ Monetary and Economic Department, the Basel, Switzerland-based organization said in a statement Friday.
- He will start his new role in February. The BIS Innovation Hub Eurosystem Center is scheduled to open in the first half of the year and will join existing hubs in locations such as Hong Kong, London and Switzerland. The hub system was established in 2019 to foster collaboration among central banks on developments in financial technology.
- Auer has published many papers on CBDS, stablecoins and cryptocurrencies.
UPDATE (Jan. 10, 08:06 UTC): Adds Auer’s age in first bullet point, photo.
STORY CONTINUES BELOW
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Sheldon Reback
Sheldon Reback is CoinDesk editorial's Regional Head of Europe. Before joining the company, he spent 26 years as an editor at Bloomberg News, where he worked on beats as diverse as stock markets and the retail industry as well as covering the dot-com bubble of 2000-2002. He managed the Bloomberg Terminal's main news page and also worked on a global project to produce short, chart-based stories across the newsroom. He previously worked as a journalist for a number of technology magazines in Hong Kong. Sheldon has a degree in industrial chemistry and an MBA. He owns ether and bitcoin below CoinDesk's notifiable limit.
