APPG Central Bank & Digital Currency is the UK Parliament Group. The aim is to collect evidence and advise the government on CBDC related Monetary and policy risks associated
• Impact of CBDC on the Bank’s monetary and Financial Stability
• CBDC Issuance and retail bank disintermediation risks.
• Cross currency & cross border regulatory, and technical interoperability challenges.
• CBDC design to support a more resilient payments landscape and facilitate competition and innovation in the UK?
• Consumer Protection and Data Privacy
• Security Risks
The Group will also look into different operating models of CBDC, Stablecoin developed on Blockchain and smart contracts.