The paper finds that privacy protection is among the key features to consider in the design of CBDC.

In his speech 'The future of money: a possible role for central bank digital currencies and their implications', he spoke about the "vital role" CBDCs could play in the "ever-evolving financial landscape". 

He discussed the benefits digital payments can offer to society; the role of CBDCs in supporting policy objectives; the work of central banks in the Caribbean and across the Americas; and related policy initiatives that could hold lessons for CBDCs. 

It also published a podcast based on the paper.

The report discusses key features of stablecoin arrangements that are relevant from the perspective of cross-border payments; highlights a range of relevant considerations and challenges; analyses how stablecoin arrangements might interact and coexist with other payment methods; and evaluates the potential impact of their use on the monetary policy, financial stability and payment functions of central banks.

Throughout the report it acknowledges the importance of jurisdictional differences regarding regulatory frameworks and macroeconomic conditions.

The guide aims to help central banks that have already built knowledge and now want to focus more deeply on the requirements and design choices for offline payments with CBDC. It is based on information gathered in a series of workshops conducted across May and September 2023 in collaboration with 12 solution vendors and six observing central banks.

The consultation paper  "proposes a standardised disclosure table and set of templates for banks' cryptoasset exposures with a proposed implementation date of 1 January 2025." 

Under the proposals, "banks would be required to disclose qualitative information on their activities related to cryptoassets" and "quantitative information on exposures to cryptoassets and the related capital and liquidity requirements." 

Banks would also be required to provide details of the accounting classifications of their exposures to cryptoassets and cryptoliabilities. 

The Committee expects that a common format for disclosures will support the exercise of market discipline and help to reduce information asymmetry between banks and market participants.

Deadline for comments is 31 January 2024.