The IMF, G20 and BIS Gear Up for the Central Bank Digital Currency Era


Manage episode 274392601 series 2637334
By Nathaniel Whittemore. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

Today on the Brief:

  • Is the “blue wave” Democrat victory narrative in the presidential election starting to shake up Wall Street?
  • Johnson & Johnson pause COVID-19 vaccine trial
  • 1000 Satoshi-era bitcoins are on the move

Our main discussion: The world’s central banks are moving quickly on digital currencies. NLW looks at a slew of recent news showing how much of a priority CBDCs are becoming:

  • A report from the Bank for International Settlements and seven other central banks setting design principles for CBDCs
  • A G20 regulatory standards framework
  • A forthcoming OECD tax reporting framework

One need only look at the increasingly speedy rollout of China’s DCEP to understand why this has become a major priority for central banks everywhere.

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