G7 finance leaders' statement on central bank digital currency (CBDC)and digital payment

  • innovation in digital money and payments can bring significant benefits but raises regulatory issues
  • CBDCcould complement cash, act as liquid, safe settlement asset and anchor for payments system
  • any CBDCshould be grounded in long-standing public commitments to transparency, rule of law and sound economic governance
  • any CBDCmust support and do no harm to ability of central banks to fulfil mandates for monetary and financial stability
  • CBDCsmust operate in open, transparent and competitive environment that promotes choice and diversity in payment options
  • we recognise shared responsibility to minimise harmful spillovers to international monetary and financial system from cross-border payments via CBDC

Speaking of crypto, BTC update:

G7 finance leaders' statement on central bank digital currency (CBDC)anddigital payment