
Publications

Conclusions of the Working Group on Digital Currencies
Under the joint direction of Enrique Titos, Independent Director. Advisory Counselor. Academic Council Member FIDE, and Miguel Ángel Cestero, former global director of market-making at Banco Santander: The Digital Currency WG published the following conclusions:
- Introduction: Money and Value in the XNUMXst Century
- The technology of digital money
- Options and forms of digital money
- Regulation, present and future and new forms of digital money
- Impacts on the economic model and financial system
- People and society in the face of new digital options
- Conclusions
Have participated in this working group:
1. Enrique Titos, Independent Director. Former Treasurer of Barclays Retail Europe.
Co-director of the GT
2. Miguel Angel Cestero, Managing Partner JB46 IP, former Deputy General Director of
Banco Santander Co-director of the GT
3. Julio Faura, Former Director of Innovation and Blockchain at Banco Santander. Leader of the
subgroup Money technology and the financial system
4. Miguel Solana, Partner of dCapital. Leader of the subgroup Digital currencies and the role of
public institutions
5. Idoya Arteagabeitia, Partner of Pinsent Masons. Regulatory subgroup leader
6. César Ullastres, Treasurer of the Spanish Association for the Advancement of Science
(AEAC). Leader of the subgroup Model of society, impacts on people, policies
public and geopolitical
7. Alejandro Neut, Economist, Global Modeling & Long Term Unit, BBVA. Leader of the
subgroup Mutations in the public and private economic structure
8. José María Anguiano, Partner at Garrigues
9. Juan Ramon Caridad, Managing Director of GAM
10. Marcelo Castro, Managing Partner JB46 IP, former BCRA director, former CEO Abbey
National Treasury Bank
11. José María Fuster van Bendegem, President of the Sicomoro Foundation and President of
Chamberi Ventures, SCR, SA
12. Cristina Jiménez Savurid, President of Fide
13. Vicente Moret, Of Counsel at Andersen Tax & Legal. Lawyer of the Cortes Generales
14. Lorena Mullor, Digital Banking Advisor of the Spanish Banking Association, AEB
15. Ricardo Palomo Zurdo, Professor of Financial Economics and Accounting, University
CEU San Pablo. Vice President of FIFED. Member of the Academic Council of Fide
16. Antonio Rodríguez de las Heras, Professor at the Carlos III University of Madrid. Founder
of the Institute of Culture and Technology
17. María Rotondo Urcola, Independent Director. Former Global Head of TMT in
Santander Investment Banking
All the people who have participated in this working group of Fide, have done so in a personal capacity and not on behalf of the entities, offices, Universities or companies, where they carry out their professional work, so these conclusions do not reflect and do not include institutional positions but rather particular ones of each one of the members of the group.