Daily Trade News

WEF releases resource suite for CBDCs and stablecoins aimed at




The World Economic Forum, or WEF, has published a resource suite aimed at informing lawmakers and individuals in the private sector about digital assets including central bank digital currencies and stablecoins.

On Friday, the WEF announced its Digital Currency Governance Consortium White Paper Series, a resource suite created by 85 organizations from 40 countries around the world. The publication contains eight separate white papers exploring topics such as the impact of lawmakers regulating stablecoins and central bank digital currencies, or CBDCs, as well as informing readers about their risks, benefits and alternatives. In addition, the suite addresses regulatory gaps for digital assets and their potential uses in further financial inclusion and cross-border aid.