cbdc:public:cbdc_omg:04_doc:15_common:30_stablecoins:start
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cbdc:public:cbdc_omg:04_doc:15_common:30_stablecoins:start [2022/05/17 20:39] nick |
cbdc:public:cbdc_omg:04_doc:15_common:30_stablecoins:start [2022/06/17 17:59] (current) terrance |
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| | [[cbdc:public:cbdc_omg:04_doc:15_common:start| Return to Common Elements]] | <WRAP> | | [[cbdc:public:cbdc_omg:04_doc:15_common:start| Return to Common Elements]] | <WRAP> | ||
| <html><b> | <html><b> | ||
| - | <a href="mailto:[email protected]?Subject=OMG CBDC Response: | + | <a href="mailto:[email protected]?Subject=OMG's CBDC WG Response: |
| 4.3 Stablecoins | 4.3 Stablecoins | ||
| Line 27: | Line 27: | ||
| <figure typesOfStableCoins> | <figure typesOfStableCoins> | ||
| - | {{ :cbdc:private:cbdc_omg:04_doc:40_currencies:30_stablecoins:screen_shot_2022-03-20_at_12.34.38_pm.png?600 |}} | + | {{ cbdc:04_doc:40_currencies:30_stablecoins:screen_shot_2022-03-20_at_12.34.38_pm.png?600 |}} |
| <caption>CB Insights defines four classes of Stablecoins(( | <caption>CB Insights defines four classes of Stablecoins(( | ||
| CB Insights, | CB Insights, | ||
| Line 345: | Line 345: | ||
| For GSC arrangements deemed to perform systemically important payment system functions or other FMI functions that are systemically important, the PFMI applies. On the basis of a preliminary analysis, some of the most relevant principles regarding this vulnerability would be on operational risk and settlement. See Annex 4 on CPMI-IOSCO preliminary analysis. | For GSC arrangements deemed to perform systemically important payment system functions or other FMI functions that are systemically important, the PFMI applies. On the basis of a preliminary analysis, some of the most relevant principles regarding this vulnerability would be on operational risk and settlement. See Annex 4 on CPMI-IOSCO preliminary analysis. | ||
| </WRAP>| | </WRAP>| | ||
| - | ^ Storing the private keys providing access to stablecoins (wallets) |<WRAP> | + | ^ Storing the private keys providing access to Stablecoins (wallets) |<WRAP> |
| Disruption of a wallet, for example, theft of coins from a digital wallet or operational (e.g. cyber) incident. | Disruption of a wallet, for example, theft of coins from a digital wallet or operational (e.g. cyber) incident. | ||
| Line 373: | Line 373: | ||
| Settlement finality requirements | Settlement finality requirements | ||
| - | Allocation of legal responsibility for unauthorised transactions | + | Allocation of legal responsibility for unauthorized transactions |
| Cyber security and other operational resiliency safeguards | Cyber security and other operational resiliency safeguards | ||
| Line 427: | Line 427: | ||
| <figure stableScenario> | <figure stableScenario> | ||
| - | {{ :cbdc:private:cbdc_omg:04_doc:40_currencies:30_stablecoins:screen_shot_2022-03-20_at_5.27.32_pm.png?950 |}} | + | {{ cbdc:04_doc:40_currencies:30_stablecoins:screen_shot_2022-03-20_at_5.27.32_pm.png?950 |}} |
| <caption></caption> | <caption></caption> | ||
| </figure> | </figure> | ||
| Line 493: | Line 493: | ||
| [[cbdc:public:cbdc_omg:04_doc:15_common:30_stablecoins:start| Return to Top]] | [[cbdc:public:cbdc_omg:04_doc:15_common:30_stablecoins:start| Return to Top]] | ||
| - | In this discussion, only the requirements were identified during the [[https://www.omgwiki.org/CBDC/doku.php?id=cbdc:private:cbdc_omg:15_summary:start | White Paper Analysis]] are considered. Table {{ref>StablecoinReqiurements}} represents the allocated of requirements germane to the Stablecoins. | + | In this discussion, only the requirements were identified during the [[https://www.omgwiki.org/CBDC/doku.php?id=cbdc:public:cbdc_omg:15_summary:start | White Paper Analysis]] are considered. Table {{ref>StablecoinReqiurements}} represents the allocated of requirements germane to the Stablecoins. |
| <table StablecoinReqiurements> | <table StablecoinReqiurements> | ||
| - | <caption>Example of mapping a subset of requirements identified during the White Paper Analysis conducted by the OMG</caption> | + | <caption>Example of mapping a subset of requirements identified during the White Paper Analysis conducted by the OMG's CBDC WG</caption> |
| |< 100% 20% ->| | |< 100% 20% ->| | ||
| ^ Area ^ Desirements ^ | ^ Area ^ Desirements ^ | ||
cbdc/public/cbdc_omg/04_doc/15_common/30_stablecoins/start.1652834373.txt.gz · Last modified: 2022/05/17 20:39 by nick
