Digital Greenback Venture Urges US To Take Action On CBDC Development

The Digital Greenback Venture (DDP) launched a brand new edition of its white paper “Exploring a U.S. CBDC” on Jan. 18. The project expanded the paper in boom to jog attempting central bank digital currency tasks internationally, though its focal point is soundless on the United States.

The DDP introduced its “champion model” of an intermediated wholesale and retail CBDC within the vital version of the paper in Would maybe maybe well moreover simply 2020. Since that time, CBDC tasks worldwide grasp elevated from 35 to 114. The updated DDP paper retains the core tenets of the champion model, such as these on privacy and fiscal policy, whereas discussing the technological traits of newest years.