GFMA Publishes Considerations for Developing Central Bank Digital Currencies (CBDCs)

Policy Resource

The Global Financial Markets Association (GFMA) has published “Considerations for Developing Central Bank Digital Currencies (CBDCs).”

The potential development of CBDCs has become a major policy topic across the globe, including in many major capital markets jurisdictions. GFMA focuses on wholesale capital markets and promotes the proactive assessment of risks and opportunities from new technology. GFMA has published this paper to ensure these risks and opportunities are fully considered from a wholesale markets perspective. This paper is not intended to be conclusive or predictive, but simply sets the stage for open discussion and debate going forward on the potential development of CBDCs and the necessary considerations related to wholesale activities.

–12 August 2021 –

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GFMA Considerations for Developing Central Bank Digital Currencies

GFMA has published ‘Considerations for Developing Central Bank Digital Currencies (CBDCs).’