World Trade Forum announces components of CBDC and Stablecoin resources for regulators and business leaders

The World Economic Forum (WEF) has set guidelines designed to help private and legal entities better understand digital assets, including bank accounts, digital banking, and fixed income funds.

Last Friday, the World Trade Forum announced the Digital Currency Governance Alliance White Paper Series, a product developed by 85 organizations in 40 countries around the world. The report contains eight white papers that address topics such as legislation affecting the regulation of fixed income coins and central bank funds (e.g., CBDCs). ), and educate readers on the risks, benefits and alternatives. The book also discusses the management of inequalities in digital assets and their resources used for further financial integration and cross-border support.

Anne Richards, CEO of Fidelity International, is a company that helped proclaim, “Protecting businesses and consumers is still key to cryptocurrencies and coin stability,” he said. The Digital Financial Management Institute has focused on this key issue and has made great strides in identifying consumer risk and risk management issues and in providing data for future policy development. "

According to the World Trade Forum, international governments can engage in CBDCs and secure coins to combat piracy, protect consumers, and deal with cross-border agreements in CBDCs that may have restrictions. The negative management white paper notes that grid insecurity could lead to "global economic turbulence," especially if currency-related digital dysfunction or other dysfunction.

The framework defined by the World Economic Forum to address and address the inconsistencies and inconsistencies between fixed income securities and CBDCs includes job creation by many The organization, including senior executives, has focused on areas of particular risk and participated in improving some of the risks. . included. Current digital asset models. According to the white paper, this approach can "create a solid foundation for innovation, adhere to governance standards and promote a high level of international cooperation".

Ahead of the new equipment, the World Economic Forum in June announced guidelines for financial oversight by regulators and policymakers. The organization said at the time that these announcements provided a basis for learning more about the fundamentals of DeFi policy.