The finance ministers and central bank governors of the G7 countries, including the USA, France, Germany, Italy, Japan, the UK and Canada, made a joint statement on central bank digital currencies and digital payments.
The statement noted that innovation in digital currencies and payments has the potential to deliver significant benefits, but they also raise important public policy and regulatory issues.
No G7 countries have yet made a decision to issue a central bank digital currency, and careful consideration of potential policy implications will continue, the statement said. .
“Any central bank digital currency should support and not undermine the ability of central banks to meet their monetary and financial stability goals,” the statement said. assessment was included.
The central bank digital currency ecosystem must be secure and resilient to cyberattack, fraud and other operational risks, address illicit financing concerns and be energy efficient.
Pointing out that the central bank digital currency should operate in an open, transparent and competitive environment that encourages choice and diversity in payment options, it was noted that there is a shared responsibility to minimize harmful spillovers to the international monetary and financial system in cross-border payments.