The IMF, G20 and BIS Gear Up for the Central Bank Digital Currency Era

<p><span style="font-weight: 400;">Today on the Brief:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">Is the “blue wave” Democrat victory narrative in the presidential election starting to shake up Wall Street? </span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Johnson & Johnson pause COVID-19 vaccine trial </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">1000 Satoshi-era</span> <a href= "http://coindesk.com/price/bitcoin"><span style= "font-weight: 400;">bitcoins</span></a> <span style= "font-weight: 400;">are on the move </span></li> </ul> <p><span style="font-weight: 400;">Our main discussion: The world’s central banks are moving quickly on digital currencies. NLW looks at a slew of recent news showing how much of a priority CBDCs are becoming:</span></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">A report from the Bank for International Settlements and seven other central banks setting design principles for CBDCs</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">A G20 regulatory standards framework </span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">A forthcoming OECD tax reporting framework </span></li> </ul> <p><span style="font-weight: 400;">One need only look at the increasingly speedy rollout of China’s DCEP to understand why this has become a major priority for central banks everywhere.</span></p>