G7 to discuss digital currency standards, crypto regulation
Japan's Vice Minister of Finance for International Affairs Masato Kanda who on April 11, 2023 said that the introduction of central bank digital currencies consistent with appropriate international standards for crypto currencies was among key themes for discussion this year by G7. PHOTO | REUTERS
Group of Seven (G7) advanced economies will consider how best to help developing countries introduce central bank digital currencies (CBDC) consistent with appropriate international standards, Japan's top currency diplomat Masato Kanda said on Tuesday.
“The move will be among key themes of G7 discussions that Japan chairs this year, as part of efforts to address challenges the global community face from fast-moving digital technology,” he said.
