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Digital money and finance benefits depend on widely accepted standards

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Tuesday 15 March 2022 – Vol.13 Ed.11.2

Commentary: CBDC standards needed for wide-spread adoption

By Koji Fusa in Oxford

Clarity on central bank digital currency technical standards is gradually emerging and consensus is building. But there are some important preconditions in policy-maker reasoning that should be met if thinking around CBDC is to evolve. Work is also required to ensure that, as new systems are developed, they are designed from the start to be interoperable. ISO/IEC 24643, published in 2020, will form the basis of a new international standard.

Read the full commentary on the website.

Podcast: Digital exchanges and the future of financial assets

The digital assets landscape is growing rapidly in both scale and variety. As the first regulated digital securities exchange, Six Digital Exchange is at the heart of this developing market. Michele Curtoni, head of strategy at SDX, joins Lewis McLellan, editor of OMFIF’s DMI, to discuss the benefits that a new digital architecture for financial securities is starting to bring. Curtoni goes into detail on the benefits of distributed ledger technology in improving the settlement of different asset classes and the disruption that it enables.

Listen to the podcast on the website.

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