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