White House OSTP department analyzes 18 CBDC design choices for the US
Cointelegraph
Published Sep 17, 2022 01:28AM ET
Updated Sep 18, 2022 01:00PM ET
As directed by the President of the United States, Joe Biden, the Office of Science and Technology Policy (OSTP) submitted a report analyzing the design choices for 18 central bank digital currency (CBDC) systems for possible implementation in the US.
The technical analysis of the 18 CBDC design choices was made across six broad categories — participants, governance, security, transactions, data and adjustments. The OSTP foresees technical complexities and practical limitations when trying to build a permissionless system governed by a central bank, adding:
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Written By: Cointelegraph
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