US regulators gear up for CBDC work
US Treasury and Fed governor hint at the next steps in CBDC development
The US Treasury has unveiled a framework for its work on central bank digital currency (CBDC), naming the international organisations that US authorities will work with in their “interagency” initiative.
The institutions include the G7, G20, Financial Stability Board, Financial Action Task Force, Egmont Group of Financial Intelligence Units, and the Organisation for Economic Co-operation and Development.
US president Joe Biden ordered the framework to be drafted as part of an executive order
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