Weekend Fun

G7 to discuss digital currency standards, crypto regulation


And other FUN things!

Financial Digitalization
19. We will continue policy deliberation on digital money to harness the benefits of innovation such as payment efficiency as well as financial inclusion while addressing potential risks to the stability, resilience and integrity of the monetary and financial system. A reliable, stable, and transparent global payment system is a key foundation for our economic and financial activities, and Central Bank Digital Currencies (CBDCs) could have a substantial role to play in this context. We recall the Public Policy Principles for Retail CBDCs agreed in October 2021 


We share the importance of developing policy discussions on digital identity systems and other means to build trust and security in data sharing. We will share and accelerate best practices on digital identity and credentials and support discussions on the ongoing development of the OECD draft recommendation on the governance of digital identity.








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