G7 finance ministers have agreed to develop CBDC
At the summit in Washington, officials have formulated 13 principles for the development and implementation of digital currency
24.10.2021 - 07:30
367
1 min
0
What's new? The financial leaders of the Group of Seven (G7) countries have developed a coordinated position on 13 principles of state policy regarding central banks' digital currencies (CBDC). This could pave the way for wider adoption of CBDC in the world's leading economies. According to the statement of the US Treasury Department, the principles of public policy will be based on transparency, sound economic management and respect for the rule of law.
What is the development aimed at? It is designed to promote innovation in the monetary sphere and to develop some new digital currencies for retail purposes. However, innovations should be restrained by regulation:
“Innovation in digital money and payments has the potential to bring significant benefits but also raises considerable public policy and regulatory issues.”
What do the authorities say? Officials noted that the digital currencies of central banks will be on a par with cash, providing a secure, liquid alternative for digital and high-efficiency payments.
“Strong international coordination and cooperation on these issues helps to ensure that public and private sector innovation will deliver domestic and cross-border benefits while being safe for users and the wider financial system,” the statement said.
The comments were made after a personal meeting of representatives of the financial department in Washington under the leadership of British Chancellor Rishi Sunak.
Useful material?
Telegram 
Twitter Market
It costs more than $2000 an hour for a company specialist, while at least 100 employees are involved in the proceedings on the collapse of the exchange
Jan 27, 2023
Market
The entrepreneur agrees to eat a Happy Meal live if the restaurant adds DOGE as a means of payment
Jan 27, 2023
Market
Cryptocurrency expert Dylan LeClair also noted that the average rate of most coins has been showing positive dynamics over the last 30 days
Jan 27, 2023
Market
At the DAO vote, the initiative received the support of about 99% of the participants
Jan 27, 2023
Market
The index rose to 55 for the first time since March 30, 2022
Jan 27, 2023
Market
The cost of the accounts ranges from $50 to $300, depending on the availability of verification
Jan 27, 2023
Cryptocurrency rates
-
Bitcoin
$23 502
BTC
+2.24%
-
Ethereum
$1 610.79
ETH
+2.33%
-
Ripple
$0.41
XRP
+0.77%
-
Cardano
$0.39
ADA
+1.8%
-
Dogecoin
$0.09
DOGE
+2.06%
-
Polkadot
$6.58
DOT
+2.95%
-
Litecoin
$95.64
LTC
+9.22%
-
Solana
$10.15
SOL
-9.47%
-
Monero
$184.06
XMR
+1.67%
-
Bitcoin-cash
$137.06
BCH
+3.59%