https://bic25.org/home daily 1.0 2026-08-09 https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/8e359e5a-a7d5-4374-a10e-8a28d2439b73/TESTATA+UNIFI_NEGATIVO.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/870aa2f7-96e2-48cb-a9ea-bff9572eaa94/LOGO_MUR+Social_WHITE.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/1134ff3b-bf1e-46bb-8285-78566effca45/unifi-disei-babel-logo.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/78674c31-1736-4954-8a69-5e4be0eb4afe/italiadomani-tracciato-bianco1.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/b508cef0-e7fb-4690-be3a-aae466abeac7/ebi-logo.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/b6940ad9-502a-46a0-a86e-e4bfcc63576b/unifi-logo.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/f77073dc-b54d-4ce3-824b-2097d4eccfc1/eu-logo.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/50a32ab4-dc98-4c38-8ee7-9a2638272a68/bc-italia.png https://bic25.org/welcome daily 0.75 2025-04-23 https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/8e359e5a-a7d5-4374-a10e-8a28d2439b73/TESTATA+UNIFI_NEGATIVO.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/5a17c26a-3902-4580-a8b4-019a7db8ea4d/chair-welcome.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/eb48e8f4-fb14-4447-b6c7-0971d08ee40e/filippo-zatti.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/3641ac77-163d-4e32-85ec-e1ae250dbc6a/signature.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/4335c1af-fc74-4005-a941-3d305de2f2ae/EBI.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/3c0fb755-a975-4a8e-ad51-fc1b11f40748/detokode-logo.png https://bic25.org/aula-magna daily 0.75 2025-04-23 https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/ccf2b4e8-b0b6-4d36-b005-97a12be0f73a/aula-magna.png Aula Magna Elegant conference room with chandeliers, ornate ceiling, and rows of chairs facing a stage. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/89255c0f-e6ee-446b-87b4-b1e94fe8d5b2/entrance1.png Aula Magna Orange building with black window shutters, an arched entrance, and an Italian flag and a European Union flag. A banner on the building reads 'Università degli Studi di Firenze'. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/9a43802f-bbd4-4df3-a424-fddf82e36dd9/exterior1.png Aula Magna Street scene with a lamppost in foreground, blurred bus stop with people, and a sign for San Marco Universita in the background. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/a1c653d0-f320-47c1-8da6-532a3873cac0/san-marco.png Aula Magna Blurry photo of a historic building with baroque architecture, a tall statue on a pedestal, some trees, and people walking by in an urban setting. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/8e359e5a-a7d5-4374-a10e-8a28d2439b73/TESTATA+UNIFI_NEGATIVO.png https://bic25.org/sala-convegni daily 0.75 2025-04-23 https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/b56f8548-2b98-4113-8928-e417915614f8/s-c1.jpg Sala Convegni Empty auditorium with red seats and wooden podium with microphones https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/1742389321623-0VUGYH3FY3F05KTBTMH4/s-c.jpg Sala Convegni Conference room with red seats and blurred projector screen https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/bab1315c-48c7-475f-b36f-d7d78d18f5c8/d6.png Sala Convegni Sign for University of Florence at building D6, Novoli Campus, listing the Department of Economics and Business, with directions to conference rooms. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/8e359e5a-a7d5-4374-a10e-8a28d2439b73/TESTATA+UNIFI_NEGATIVO.png https://bic25.org/steering-committee daily 0.75 2026-08-10 https://bic25.org/our-speakers daily 0.75 2025-05-05 https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/8e359e5a-a7d5-4374-a10e-8a28d2439b73/TESTATA+UNIFI_NEGATIVO.png https://bic25.org/program daily 0.75 2025-05-06 https://bic25.org/meet-our-team daily 0.75 2026-08-10 https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/df04e089-a038-45b2-b644-04c155651c51/Giammi.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/f446d75f-d0b1-4a48-83ab-146089c2e97d/iacopetti.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/7abbaaaf-e603-4fbb-9878-c57e50be656f/deleo.jpg https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/7fe21291-3af6-4f13-8010-b32622808ce9/Luca_Esposto_Alessi.jpg https://bic25.org/villa-ruspoli daily 0.75 2025-07-04 https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/cbced3b8-06df-4c93-8e46-8ce63ed8f735/red-room.png Villa Ruspoli An interior view of an ornate auditorium or conference room with red walls, decorated ceiling, and a chandelier. There are rows of beige chairs facing a stage with a white projection screen and several flags on the side. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/f9e18247-f4e6-4eb4-8931-e2bcf5e3d600/exterior.png Villa Ruspoli A beige, two-story building with arched windows and decorative architectural details, surrounded by greenery and trees, under a partly cloudy blue sky. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/d5d9ff13-f8e0-43d7-b2b2-d5860dd86f42/IT+Finanziato+dall_Unione+europea_tracciato_WHITE+Outline.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/72b274c9-6483-4e8c-935f-ea2da95f2022/LOGO_UniversitaRicerca_tracciato_WHITE.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/78674c31-1736-4954-8a69-5e4be0eb4afe/italiadomani-tracciato-bianco1.png https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/b5472725-1d04-4d2b-ab0b-fc23e8bcff97/logo-unifi.png https://bic25.org/conference-sessions-videos daily 0.75 2026-08-07 https://bic25.org/day-1-openingkeynote daily 0.75 2026-08-09 https://bic25.org/day-2-p1 daily 0.75 2026-08-09 https://bic25.org/day-3-rt2 daily 0.75 2026-08-09 https://bic25.org/day-1-rt1 daily 0.75 2026-08-09 https://bic25.org/day-2-p2 daily 0.75 2026-08-09 https://bic25.org/day-2-p3 daily 0.75 2026-08-09 https://bic25.org/day-2-panel-4 daily 0.75 2026-08-09 https://bic25.org/day-3-ck daily 0.75 2026-08-09 https://bic25.org/day-3-fr daily 0.75 2026-08-09 https://bic25.org/day-1-or daily 0.75 2026-08-09 https://bic25.org/about-this-site daily 0.75 2026-08-09 https://bic25.org/reportage daily 0.75 2026-08-11 https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/82883713-519e-4cea-9da1-5c412a21a5a0/bic25-aula-magna-empty-01.jpg Reportage The Aula Magna of the Rector's Office Building before the conference began. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/26bd7944-1c56-4d9d-b7b0-3a533be76d20/bic25-sala-convegni-reception-01.jpg Reportage Reception desk with conference lanyards. Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/72be978e-3ce1-4e1a-82a5-a25e1fdefb1c/bic25-sala-rossa-roundtable-wide-02.jpg Reportage The closing roundtable, chaired by Gérardine Goh Escolar (HCCH). Sala Rossa, Villa Ruspoli, 10 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/88162aac-7acf-4567-b023-b04fc61d9dce/bic25-aula-magna-welcome-desk-01.jpg Reportage The student team supporting the Organising Committee welcomes guests at the Welcome Desk, antechamber of the Aula Magna. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/174a1f43-c172-4e5a-92b3-cfbfd661c67d/bic25-identity-merchandise-01.jpg Reportage BIC25 conference merchandise. Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/ebf33918-a702-477e-abab-ce146e67ac7a/bic25-sala-rossa-rossi-miccoli-01.jpg Reportage Arthur Rossi at the table and Marcello Miccoli on screen during the closing roundtable. Sala Rossa, Villa Ruspoli, 10 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/e7b03023-3cec-4cc3-aa45-5abb6e27c98b/bic25-aula-magna-giappichelli-01.jpg Reportage The Giappichelli publishing stand in the antechamber of the Aula Magna, displaying the Routledge volume co-edited by Filippo Zatti and Rosa Giovanna Barresi. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/48993922-2c6c-4ecb-aa9c-d63d7f433d06/bic25-sala-convegni-entrance-01.jpg Reportage Entrance to the conference hall at the Social Sciences Campus. Florence, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/f63b9d83-6e3b-4364-a079-fc7d377e5eaa/bic25-sala-rossa-miccoli-imf-01.jpg Reportage Marcello Miccoli (International Monetary Fund) joining the closing roundtable remotely. Sala Rossa, Villa Ruspoli, 10 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/1b1d9889-e5fa-4a9d-8542-d7e972ad9b84/bic25-aula-magna-zatti-petrucci-01.jpg Reportage Filippo Zatti and Mauro Lombardi with Alessandra Petrucci, Rector of the University of Florence, in the antechamber of the Aula Magna. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/6ace5a17-64c2-4ee7-82dd-ec1613fc742c/bic25-sala-convegni-panel1-intro-01.jpg Reportage Introducing the speakers of Panel 1 “Digital Legal Tender—Implications for Monetary Policy and Financial System Stability”. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/031c6bb1-b2be-4b57-a07c-3c9a1df52c18/bic25-sala-rossa-table-02.jpg Reportage The closing roundtable, chaired by Gérardine Goh Escolar (HCCH). Sala Rossa, Villa Ruspoli, 10 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/25e759d9-0930-45ef-865a-d939bd419c66/bic25-aula-magna-petrucci-01.jpg Reportage Rector Alessandra Petrucci delivering the official greetings. Aula Magna, Rector's Office Building, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/6bcd272a-fe35-4cd0-bdb6-20f0aeb6875b/bic25-sala-convegni-gruenewald-gortsos-01.jpg Reportage Seraina Grünewald (University of St. Gallen & EBI) in discussion with Christos Gortsos and Filippo Zatti during Panel 1. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/df94dc4c-8b34-4633-9712-e69f38b51fda/bic25-sala-rossa-araujo-bcb-01.jpg Reportage Fabio Araujo (Banco Central do Brasil) joining the closing roundtable remotely. Sala Rossa, Villa Ruspoli, 10 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/072e38da-3cca-46e0-a40d-2f4874c090ad/bic25-aula-magna-leone-01.jpg Reportage Enrico Leone, EBI Chancellor, during the official welcoming ceremony. Aula Magna, Rector's Office Building, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/dff2aef8-8773-4f10-8c9f-a71e866f847d/bic25-sala-convegni-arner-01.jpg Reportage Douglas Arner (University of Hong Kong & EBI) joining Panel 1 remotely. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/a0ad77ce-d0f9-4920-86ac-e618fb51971b/bic25-sala-rossa-ordonez-01.jpg Reportage Miguel Fernández Ordóñez (former Governor of the Bank of Spain) speaking at the closing roundtable. Sala Rossa, Villa Ruspoli, 10 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/814c5297-9943-4172-9b51-7619bc3bc531/bic25-aula-magna-mancino-01.jpg Reportage Maria Elvira Mancino, Head of the Department of Economics and Management (DISEI), welcoming participants remotely. Opening session, Aula Magna, Rector's Office Building, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/cc323002-cfa3-4ec8-b8ba-6526d9cf1a04/bic25-sala-convegni-dimitrijevic-01.jpg Reportage Marko Dimitrijević (University of Niš) joining Panel 1 remotely. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/93c81bd1-738f-4622-9f23-1f5d0016b60e/bic25-sala-rossa-svaljek-01.jpg Reportage Sandra Švaljek (HNB Deputy Governor) in the spotlight. Sala Rossa, Villa Ruspoli, 10 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/387b015d-af6c-4a5e-b8bb-b9a2062d81a9/bic25-aula-magna-opening-wide-01.jpg Reportage The Aula Magna during the opening remarks. Aula Magna, Rector's Office Building, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/51f021a1-41e8-4f3a-ab30-944eb3ba5c15/bic25-sala-convegni-wang-01.jpg Reportage Heng Wang (SMU) joining Panel 1 remotely. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/6cdecc5e-46fc-48f7-a828-ae6cec41d5d3/bic25-sala-rossa-table-left-01.jpg Reportage Closing roundtable speakers at the table: Miguel Fernández Ordóñez, Sandra Švaljek and Panagiotis Papapaschalis. Sala Rossa, Villa Ruspoli, 10 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/f77b3b67-6f42-4856-b538-983c9b47905b/bic25-aula-magna-chiu-keynote-01.jpg Reportage Iris Chiu (UCL) delivering the opening keynote address remotely. Aula Magna, Rector's Office Building, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/22307657-5a8a-4413-b0b6-29a3c8dac3e7/bic25-sala-convegni-vespri-01.jpg Reportage Vespri introducing the speakers of Panel 2 “Technological Challenges in the Implementation of Digital Currencies”. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/c89f1746-150e-4cd6-b1a0-63cc9af0a3a5/bic25-sala-rossa-question-kobayakawa-01.jpg Reportage Shuji Kobayakawa (Meiji University) puts a question from the floor during the Q&A. Sala Rossa, Villa Ruspoli, 10 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/5ac48d99-8a05-474a-90ef-eedb0f358f72/bic25-aula-magna-audience-speakers-01.jpg Reportage Speakers follow the official greetings: Teresa Rodríguez de Las Heras Ballel (centre) with Yuri Biondi, Panagiotis Papapaschalis and Arthur Rossi. Aula Magna, Rector's Office Building, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/a5e66b9c-8fa8-40b8-90f9-3aebee3a7b34/bic25-sala-convegni-panel2-speakers-01.jpg Reportage Geoffrey Goodell (UCL) taking the floor. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/45a07a2c-fcb0-46e8-8890-cc2ba7e281e2/bic25-identity-fleur-monitor-01.jpg Reportage The BIC25 “Numismatic Aura” fleur-de-lis on the speakers' table monitor. Villa Ruspoli, 10 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/d7eba9f7-c938-4114-bc21-6b178eb8aa18/bic25-aula-magna-roundtable-speakers-01.jpg Reportage Sebastian Omlor, Dirk Zetzsche, Ross Buckley and Rolf H. Weber. Aula Magna, Rector's Office Building, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/6de1cfb0-05a1-4841-a9cf-154b5cf28e57/bic25-sala-convegni-panel2-qa-01.jpg Reportage Q&A during Panel 2. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/70ad9281-7a52-47ef-917b-6f5e3fd43e32/bic25-sala-rossa-applause-01.jpg Reportage The audience applauds at the end of the closing roundtable. Sala Rossa, Villa Ruspoli, 10 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/2d6113d5-44a3-4de8-9943-7764fc10eb42/bic25-chiostro-perez-chirinos-01.jpg Reportage César Pérez-Chirinos Sanz (Bank of Spain) in the cloister of the Rector's Office. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/d76d223a-3dec-4324-934c-2514a543ece1/bic25-sala-convegni-hadjiemmanuil-02.jpg Reportage Christos Hadjiemmanuil in the spotlight. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/8d54fa7f-a1b4-4b0e-b519-296ad37621ac/bic25-sala-rossa-table-right-01.jpg Reportage Closing roundtable speakers at the table: Gérardine Goh Escolar, Arthur Rossi and Marino Vollenweider. Sala Rossa, Villa Ruspoli, 10 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/daad8200-431c-4f33-80ae-ffa874ad4066/bic25-chiostro-networking-02.jpg Reportage Participants during the networking break in the cloister of the Rector's Office. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/bd8c9276-8684-4ed7-8284-3cc5d2c5f1dc/bic25-sala-convegni-schaaf-01.jpg Reportage Jürgen Schaaf (ECB) in the spotlight. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/1c8d7d56-c425-4b09-b6bc-56311dac0722/bic25-sala-rossa-roundtable-wide-01.jpg Reportage The Closing Roundtable “Charting the Course—Collaborative Strategies for the Future of Digital Money” in progress, with the projection screen and full speakers' table. Sala Rossa, Villa Ruspoli, 10 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/698114a7-5b2d-4c35-9dab-1cd1a33a91e9/bic25-chiostro-networking-01.jpg Reportage Networking break in the cloister of the Rector's Office: Chiara Ferri (centre) with Yuri Biondi and Rolf H. Weber. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/8a598dda-02e7-49b1-9161-0d06d77fa06b/bic25-identity-countdown-01.jpg Reportage “The conference will resume in…”: the BIC25 fleur-de-lis countdown during the lunch break. Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/91de94cf-8abe-433b-86ad-918d0e70384b/bic25-group-villa-ruspoli-01.jpg Reportage Speakers and participants of BIC25 gathered at Villa Ruspoli. Florence, 10 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/aeb0220d-eb08-424a-90c3-c1e9bb0773e3/bic25-identity-lily-biscuits-01.jpg Reportage Biscuits bearing the Florentine iris at the networking break before the first roundtable. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/1d0a8387-ffd8-46a7-a405-d1e3d259cb44/bic25-sala-convegni-backstage-01.jpg Reportage Filippo Zatti with the sound engineer at the end of a session; Rolf H. Weber on the right. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/5777cec5-80ad-43b0-bdff-3735f92d1410/bic25-chiostro-leone-lombardi-01.jpg Reportage Enrico Leone (EBI Chancellor) and Mauro Lombardi (BABEL) in the cloister of the Rector's Office. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/2ba7dd8e-be69-4ed6-beb5-8d385815b2db/bic25-sala-convegni-panel3-intro-01.jpg Reportage Introducing the panellists of Panel 3. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/0f2ab061-1c47-4a50-8ef4-424b8ec71fd5/bic25-chiostro-weber-birne-01.jpg Reportage Rolf H. Weber with Aurelia Birne in the cloister of the Rector's Office. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/d0740a38-49e7-4a2d-9fa2-1b60ff9621cf/bic25-sala-convegni-panel3-table-01.jpg Reportage Panel 3 at the table: Reyes Palá Laguna, Yuri Biondi, Seraina Grünewald, Andreas Bielig and Christos Hadjiemmanuil. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/077b2f65-2df7-4539-8073-2c67e74fda7e/bic25-chiostro-pfister-vollenweider-01.jpg Reportage Christian Pfister and Marino Vollenweider during the networking break. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/508926fc-6626-45fd-91b3-223f3a16fc31/bic25-sala-convegni-panel3-wide-01.jpg Reportage Panel 3 “Balancing Innovation and Oversight—Regulatory Approaches to Digital Legal Tender” with Bielig taking the floor. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/23c1caa6-293f-4998-9f07-b49724b7f06b/bic25-chiostro-tessone-01.jpg Reportage Claudio J. Tessone during the networking break. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/0bfbf34b-d3a1-4393-9ca2-c96ce4fd675e/bic25-sala-convegni-hadjiemmanuil-01.jpg Reportage Christos Hadjiemmanuil (University of Piraeus, LSE & EBI) on screen; Panel 3 at the table. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/557e1d79-abf0-4208-9ddf-2ecd1d2332b5/bic25-chiostro-lombardi-01.jpg Reportage Mauro Lombardi during the networking break. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/defc0572-2722-4677-8995-833ceb5a41f6/bic25-sala-convegni-networking-01.jpg Reportage The networking area at the Social Sciences Campus. Florence, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/759627cb-94de-489b-9ace-829ec529aab7/bic25-chiostro-vespri-01.jpg Reportage Vincenzo Vespri during the networking break. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/cf3492c0-72b9-44a5-b7b9-698ae90785dc/bic25-sala-convegni-group-01.jpg Reportage Andrea Bracciali, Christian Pfister, Jürgen Schaaf and Fernanda Faini (BABEL Steering Committee). Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/55bd00c1-e95f-4625-8a94-3c73ea272fdc/bic25-chiostro-networking-03.jpg Reportage Participants during the networking break in the cloister of the Rector's Office. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/44e22db2-6a65-4c46-8c50-bae56c43a371/bic25-sala-convegni-goodell-01.jpg Reportage The networking area at the Social Sciences Campus with Goodell in the foreground. Florence, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/410fed76-58bd-483e-b3bd-f09913debd5c/bic25-aula-magna-roundtable-table-01.jpg Reportage The opening roundtable. Aula Magna, Rector's Office Building, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/45cf9693-9a66-490b-b279-339d2e65cf62/bic25-sala-convegni-barresi-01.jpg Reportage Rosa Giovanna Barresi (University of Florence & BABEL), chair of Panel 4, in the foreground. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/cf51bb33-ca78-4a84-8866-a950a9d08297/bic25-aula-magna-gortsos-gonfalone-01.jpg Reportage Christos Gortsos chairing the opening roundtable, with the historic gonfalone of Florence in the foreground. Aula Magna, Rector's Office Building, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/9ea83537-c066-4b10-b202-46e8c8bc10b2/bic25-sala-convegni-heras-ballel-01.jpg Reportage Teresa Rodríguez de Las Heras Ballel (UC3M) speaking. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/4c74369e-4cad-49ef-92e3-fdd3aef8cc9a/bic25-aula-magna-omlor-gortsos-01.jpg Reportage Sebastian Omlor and Christos Gortsos during the Roundtable “Redefining Money—Evolving Legal Frameworks in the Token Economy”. Aula Magna, Rector's Office Building, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/f5aaacc9-470b-4a11-b8d0-2497c8b76f97/bic25-sala-convegni-panel4-standing-01.jpg Reportage Shuji Kobayakawa and Deepankar Roy, speakers of Panel 4, behind the table at the end of the session. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/13f1f989-0c62-4053-969b-72efbe4fe64f/bic25-aula-magna-roundtable-wide-01.jpg Reportage At the roundtable table: Sebastian Omlor, Christos Gortsos, Rolf H. Weber and Dirk Zetzsche. Aula Magna, Rector's Office Building, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/cd2fd08b-13a9-40b0-a073-8b5a64f3d299/bic25-sala-convegni-panel4-buckley-01.jpg Reportage The panellists of Panel 4 “Global Regulatory Coordination Strategies for Digital Currencies”, with Ross Buckley taking the floor. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/21c8c54a-9969-4d81-8f0f-c0c6701bd447/bic25-aula-magna-remote-speakers-01.jpg Reportage Joining the opening roundtable remotely: Franklin Noll, Ruth Plato-Shinar, Caroline Kleiner and Rosa María Lastra. Aula Magna, Rector's Office Building, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/50ac39f8-e2da-48d2-a116-0418f406e35e/bic25-sala-convegni-puri-01.jpg Reportage Poonam Puri (York University) speaking. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/08381057-1ac1-4cde-ae44-88e270fd4a5f/bic25-aula-magna-pala-barresi-heras-01.jpg Reportage Reyes Palá Laguna, Rosa Giovanna Barresi and Teresa Rodríguez de Las Heras Ballel. Florence, 8 May 2025. Photo: Andrea Pecchioli / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/dd875517-2813-40a7-9bd0-c8315add3566/bic25-sala-convegni-schaaf-02.jpg Reportage Jürgen Schaaf in the spotlight. Sala Convegni, Social Sciences Campus, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/af29ed81-5998-4373-af3f-1565e0f70072/bic25-gala-welcome-desk-01.jpg Reportage The welcome desk at the conference gala evening; Vincenzo Vespri in the foreground. Florence, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/db041487-9f7e-43f6-8477-a4ffc2afb1b8/bic25-gala-ordonez-01.jpg Reportage Miguel Fernández Ordóñez at the conference gala evening. Florence, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/c0902e7f-e62e-4f06-8f4a-b6206e778e89/bic25-gala-maggio-musicale-01.jpg Reportage Gala dinner at the Maggio Musicale Fiorentino, ahead of Roberto Bolle's “Caravaggio”. Florence, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/04e9ef93-1b94-44fb-856a-3e9adf7c10af/bic25-gala-zambelli-01.jpg Reportage At the gala evening: Zambelli (BABEL Board) with Mauro Lombardi's wife. Florence, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/588e8eec-8407-4082-90b2-e92a3839862c/bic25-gala-zatti-becagli-01.jpg Reportage Filippo Zatti (BIC25 Chair) with Claudio Becagli (BABEL Council, University of Florence) at the conference gala evening. Florence, 9 May 2025. Photo: Serena Gallorini / Fotoproject. https://images.squarespace-cdn.com/content/v1/67d6cdf73d32ba528baa4c8d/42af1387-01ed-432c-a3c1-57e5f69b1e83/imgg-w4p-at43dgyy.png