G7 finance officials say CBDCs should sustain, ‘do no harm’ to monetar…


G7 finance officials on Wednesday endorsed 13 public policy principles for retail central bank digital currencies, saying they should be grounded in transparency, the rule of law and sound economic governance, the US Treasury Department said.“Innovation in digital money and payments has the possible to bring meaningful benefits but also raises important public policy and regulatory issues,” Group of 7 (G7) finance ministers and central bankers said in a joint statement.“Strong…

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