G7 financial leaders reach agreement on digital currencies

[HAL1000]

https://coingeek.com/g7-financial-leaders-reach-agreement-on-digital-currencies/

[Danny]

"We reaffirm that any CBDC should be grounded in our long-standing public commitments to transparency, the rule of law and sound economic governance."

How reassuring. 

Edited October 24, 2021 by Danny

[Treehouse]

CBDCs are definitely coming, but, outside of China, I think that it will take a couple more years. There is a lot of groundwork in terms of technology, legal, administrative, public education, etc. But the writing is now very much on the wall in big, block letter print. I would place my bets on most countries rolling out a system where banks still serve as intermediaries for retail in administering CDBC accounts, but we'll see.

[PunishmentOfLuxury]

It won't all be plain sailing for CBDCs: