G-7 Aims To Help Central Banks Create Digital Currencies
By Najiyya Budaly (October 14, 2021, 2:11 PM BST) -- Finance ministers from the world's largest economies set out guiding principles on Thursday for countries planning to develop digital forms of central bank money as they seek to ensure that transactions are efficient and secure.
The Group of Seven, an inter-governmental political forum, has published public policy principles for countries that plan to create central bank digital currencies, known as CBDCs. The 13 principles will ensure that the proposed digital currencies are financially stable and operationally resilient while being used alongside physical notes and coins, the G-7 said.
The group — made up of Canada, France, Germany, Italy, Japan, the U.K....
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!