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A comment on G7 finance officials endorse principles for central bank digital currencies. Parent comment

Re:G7 finance officials endorse principles for central bank ... by baby on Thursday October 14, 2021 @02:38AM (#28861190)
GP is talking about retail CBDC, which is user-facing in addition to being bank-facing only like current central banks. Not all CBDCs talk about retail, and it’s not clear if any would actually aim to provide that feature.
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Re:G7 finance officials endorse principles for central bank ... by anm89 on Thursday October 14, 2021 @02:50AM (#28861256)
A vast majority of discussion about CBDC is about retail CBDC.

Interbank and internation transactions are already digital. The Fed already has wholesale digital liabilities

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Re:G7 finance officials endorse principles for central bank ... by baby on Thursday October 14, 2021 @06:04PM (#28870793)
That's not true, and the point of a CBDC is not just that it's digital but that you easily join and use the network. Today interbanking is a mess.
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Re:G7 finance officials endorse principles for central bank ... by toomuchtodo on Thursday October 14, 2021 @06:53PM (#28871297)
Interbanking is as mess, but the standard everyone is settling on is ISO 20022 messages and the plumbing will slowly be refactored for pushing these messages around.

https://www.iso20022.org/iso-20022

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