The majority of the world’s central banks are exploring digital currency. Most proposals for a central bank digital currency could function like US dollars. It could be widely accepted, an alternative to cash in an increasingly cashless society. In the US, a digital currency could give access to the financial system to the unbanked and may increase the efficiency of financial transactions.

Should the Fed launch a digital currency? Federal Reserve Governor Christopher J. Waller will give a speech on this issue, followed by a conversation with AEI’s Michael R. Strain.

Watch the full event here.